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8 results for “reassessment”+ Section 221(1)clear

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Key Topics

Section 143(3)12Section 221(1)10Section 14A8Penalty5Reassessment5Natural Justice5Section 153A3Section 1472Section 120(4)(b)2Survey u/s 133A

M/S. ALTRADE MINERALS PVT. LIMITED,ROURKELA vs. ACIT,CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR

In the result, appeal of the assessee is partly allowed

ITA 65/CTK/2023[2011-12]Status: DisposedITAT Cuttack16 Dec 2024AY 2011-12

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalassessment Year : 2011-12 M/S. Altrade Minerals Pvt /S. Altrade Minerals Pvt Vs. Asst. Asst. Commissioner Commissioner Of Of Ltd., C/O. Kadmawala & Co., C/O. Kadmawala & Co., Income Tax, Central Circle, Income Tax, Central Circle, C.A., C.A., Budhram Budhram Oram Oram Sambalpur Market, Market, Kachery Kachery Road, Road, Rourkela. Pan/Gir No. No.Aafca 7136 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri M.R.Sahu, Ca Revenue By : Shri S.C.Mohanty, Sr Dr : Shri S.C.Mohanty, Sr Dr Date Of Hearing : 16/12/20 2024 Date Of Pronouncement : 16/12/20 024

For Appellant: Shri M.R.Sahu, CAFor Respondent: Shri S.C.Mohanty, Sr DR
Section 120(4)(b)Section 127Section 143(2)Section 143(3)Section 14A

221 ITR 568 and it has been held that before exercising power under Section 127(2) of Income-tax Act, 1961, it is mandatory on the part of authority concerned to record reasons for transferring assessment cases from one jurisdiction to other and also to give opportunity of hearing to the ass'essee. Denial of opportunity of hearing and lack

2

SYLVESA INFOTECH PRIVATE LIMITED,BHUBANESWAR vs. ITO WARD -1(1), BHUBANESWAR

ITA 565/CTK/2025[2016-17]Status: DisposedITAT Cuttack03 Dec 2025AY 2016-17
Section 139(1)Section 142(1)Section 147Section 148

221/-\n10. Other receipts such as maturity from FDs, EMD Refund,\nBackend Received can be traced from bank Statements which is\ngiven in Pg no 209 of Paperbook. (The breakup of the same is\ngiven in Pg no 13 of Paperbook). Also requesting the kind attention\nto Pg no 32 of Paperbook, where the comparison of FDs and EMD\ncan

SOUMENDRA KUMAR MOHANTY,BHUBANESWAR vs. DCIT, CENTRAL CIRCLE-2, BHUBANESWAR, BHUBANESWAR

ITA 284/CTK/2025[2011-2012]Status: DisposedITAT Cuttack16 Jul 2025AY 2011-2012
Section 132Section 139Section 147Section 153ASection 153DSection 246A

221/-. Order under\nsection 153A r.w.s. 143(3) was passed by Id. Assistant\nCommissioner of Income Tax (in short “ACIT”), Central Circle\ndetermining income of Rs. 23,81,97,324/-. Against the\nassessment order, the appellant preferred appeal under\nsection 246A of the Income Tax Act. Ld. Commissioner of\nIncome Tax (Appeals) (in short “CIT(A)”), Bhubaneswar-2 has\ndismissed

LATE SOUMYA RANJAN MOHANTY,BHUBANESWAR vs. ITO-WARD-2(2),BHUBANESWAR, BHUBANESWAR

In the result, all the appeal of the assessee stand partly allowed for statistical purposes

ITA 373/CTK/2024[2011-12]Status: HeardITAT Cuttack15 Oct 2024AY 2011-12

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalita Nos.369 To 372 /Ctk/2024 Assessment Years : 2012-13 & 2013-14 Assessment Year 14 Neelachal Neelachal Gramya Gramya Vs. Dcit, Circle-2(1), 2(1), Bank,190/702, /702, Kokila Kokila Bhubaneswar Residency, Residency, Ananta Ananta Bihar, Bihar, Airport Area Post Area Post Office, Office, Pokhariput, Bhubaneswar Bhubaneswar Pan/Gir No. No.Aaaln 0450 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By Assessee By : S/Shri B.K.Mahapatra & A.K.Sabat, Cas B.K.Mahapatra & A.K.Sabat, Cas Revenue By : Shri Saroj Kumar Dubey, Cit Aroj Kumar Dubey, Cit Dr Date Of Hearing : 30/9/202 24 Date Of Pronouncement : 30/9/20 024

For Appellant: S/Shri B.K.Mahapatra and A.K.Sabat, CAsFor Respondent: Shri Saroj Kumar Dubey, CIT aroj Kumar Dubey, CIT DR
Section 143(3)Section 221(1)

section 221(1) of the Act. 3. Shri B.K.Mahapatra and A.K.Sabat, CAs appeared for the assessee and Shri Saroj Kumar Dubey, ld CIT DR appeared for the revenue. 4. It was submitted by ld AR that the ld CIT(A) has not given due opportunity of hearing to the assessee and passed the impugned orders exparte. It was the submission

NEELACHAL GRAMYA BANK,BHUBANESWAR vs. INCOME TAX OFFICER, WARD-2(3), BHUBANESWAR

In the result, all the appeal of the assessee stand partly allowed for statistical purposes

ITA 372/CTK/2024[2013-14]Status: DisposedITAT Cuttack30 Sept 2024AY 2013-14

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalita Nos.369 To 372 /Ctk/2024 Assessment Years : 2012-13 & 2013-14 Assessment Year 14 Neelachal Neelachal Gramya Gramya Vs. Dcit, Circle-2(1), 2(1), Bank,190/702, /702, Kokila Kokila Bhubaneswar Residency, Residency, Ananta Ananta Bihar, Bihar, Airport Area Post Area Post Office, Office, Pokhariput, Bhubaneswar Bhubaneswar Pan/Gir No. No.Aaaln 0450 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By Assessee By : S/Shri B.K.Mahapatra & A.K.Sabat, Cas B.K.Mahapatra & A.K.Sabat, Cas Revenue By : Shri Saroj Kumar Dubey, Cit Aroj Kumar Dubey, Cit Dr Date Of Hearing : 30/9/202 24 Date Of Pronouncement : 30/9/20 024

For Appellant: S/Shri B.K.Mahapatra and A.K.Sabat, CAsFor Respondent: Shri Saroj Kumar Dubey, CIT aroj Kumar Dubey, CIT DR
Section 143(3)Section 221(1)

section 221(1) of the Act. 3. Shri B.K.Mahapatra and A.K.Sabat, CAs appeared for the assessee and Shri Saroj Kumar Dubey, ld CIT DR appeared for the revenue. 4. It was submitted by ld AR that the ld CIT(A) has not given due opportunity of hearing to the assessee and passed the impugned orders exparte. It was the submission

NEELACHAL GRAMYA BANK,BHUBANESWAR vs. INCOME TAX OFFICER, WARD-2(3), BHUBANESWAR

In the result, all the appeal of the assessee stand partly allowed for statistical purposes

ITA 371/CTK/2024[2012-13]Status: DisposedITAT Cuttack30 Sept 2024AY 2012-13

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalita Nos.369 To 372 /Ctk/2024 Assessment Years : 2012-13 & 2013-14 Assessment Year 14 Neelachal Neelachal Gramya Gramya Vs. Dcit, Circle-2(1), 2(1), Bank,190/702, /702, Kokila Kokila Bhubaneswar Residency, Residency, Ananta Ananta Bihar, Bihar, Airport Area Post Area Post Office, Office, Pokhariput, Bhubaneswar Bhubaneswar Pan/Gir No. No.Aaaln 0450 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By Assessee By : S/Shri B.K.Mahapatra & A.K.Sabat, Cas B.K.Mahapatra & A.K.Sabat, Cas Revenue By : Shri Saroj Kumar Dubey, Cit Aroj Kumar Dubey, Cit Dr Date Of Hearing : 30/9/202 24 Date Of Pronouncement : 30/9/20 024

For Appellant: S/Shri B.K.Mahapatra and A.K.Sabat, CAsFor Respondent: Shri Saroj Kumar Dubey, CIT aroj Kumar Dubey, CIT DR
Section 143(3)Section 221(1)

section 221(1) of the Act. 3. Shri B.K.Mahapatra and A.K.Sabat, CAs appeared for the assessee and Shri Saroj Kumar Dubey, ld CIT DR appeared for the revenue. 4. It was submitted by ld AR that the ld CIT(A) has not given due opportunity of hearing to the assessee and passed the impugned orders exparte. It was the submission

NEELACHAL GRAMYA BANK,BHUBANESWAR vs. DCIT, CIRCLE-2(1), BHUBANESWAR

In the result, all the appeal of the assessee stand partly allowed for statistical purposes

ITA 370/CTK/2024[2013-14]Status: DisposedITAT Cuttack30 Sept 2024AY 2013-14

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalita Nos.369 To 372 /Ctk/2024 Assessment Years : 2012-13 & 2013-14 Assessment Year 14 Neelachal Neelachal Gramya Gramya Vs. Dcit, Circle-2(1), 2(1), Bank,190/702, /702, Kokila Kokila Bhubaneswar Residency, Residency, Ananta Ananta Bihar, Bihar, Airport Area Post Area Post Office, Office, Pokhariput, Bhubaneswar Bhubaneswar Pan/Gir No. No.Aaaln 0450 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By Assessee By : S/Shri B.K.Mahapatra & A.K.Sabat, Cas B.K.Mahapatra & A.K.Sabat, Cas Revenue By : Shri Saroj Kumar Dubey, Cit Aroj Kumar Dubey, Cit Dr Date Of Hearing : 30/9/202 24 Date Of Pronouncement : 30/9/20 024

For Appellant: S/Shri B.K.Mahapatra and A.K.Sabat, CAsFor Respondent: Shri Saroj Kumar Dubey, CIT aroj Kumar Dubey, CIT DR
Section 143(3)Section 221(1)

section 221(1) of the Act. 3. Shri B.K.Mahapatra and A.K.Sabat, CAs appeared for the assessee and Shri Saroj Kumar Dubey, ld CIT DR appeared for the revenue. 4. It was submitted by ld AR that the ld CIT(A) has not given due opportunity of hearing to the assessee and passed the impugned orders exparte. It was the submission

NEELACHAL GRAMYA BANK,BHUBANESWAR vs. DCIT, CIRLCE-2(1), BHUBANESWAR

In the result, all the appeal of the assessee stand partly allowed for statistical purposes

ITA 369/CTK/2024[2012-13]Status: DisposedITAT Cuttack30 Sept 2024AY 2012-13

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalita Nos.369 To 372 /Ctk/2024 Assessment Years : 2012-13 & 2013-14 Assessment Year 14 Neelachal Neelachal Gramya Gramya Vs. Dcit, Circle-2(1), 2(1), Bank,190/702, /702, Kokila Kokila Bhubaneswar Residency, Residency, Ananta Ananta Bihar, Bihar, Airport Area Post Area Post Office, Office, Pokhariput, Bhubaneswar Bhubaneswar Pan/Gir No. No.Aaaln 0450 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By Assessee By : S/Shri B.K.Mahapatra & A.K.Sabat, Cas B.K.Mahapatra & A.K.Sabat, Cas Revenue By : Shri Saroj Kumar Dubey, Cit Aroj Kumar Dubey, Cit Dr Date Of Hearing : 30/9/202 24 Date Of Pronouncement : 30/9/20 024

For Appellant: S/Shri B.K.Mahapatra and A.K.Sabat, CAsFor Respondent: Shri Saroj Kumar Dubey, CIT aroj Kumar Dubey, CIT DR
Section 143(3)Section 221(1)

section 221(1) of the Act. 3. Shri B.K.Mahapatra and A.K.Sabat, CAs appeared for the assessee and Shri Saroj Kumar Dubey, ld CIT DR appeared for the revenue. 4. It was submitted by ld AR that the ld CIT(A) has not given due opportunity of hearing to the assessee and passed the impugned orders exparte. It was the submission