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Section 376 Section 143(3)4 Section 1484 Section 1474 Section 143(1)2 Section 1542 Reassessment2 Reopening of Assessment2 Addition to Income2

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T., CIRCLE-2(1), CUTTACK

In the result, both appeals of the assessee are allowed

ITA 373/CTK/2023[2008-09]Status: DisposedITAT Cuttack29 Aug 2024AY 2008-09

For Appellant: Shri P.K.Jesthi & Tarun Patnaik, AdvsFor Respondent: Shri Sanjay Kumar, CIT-DR

Section 143(1)Section 143(3)Section 147Section 148Section 154Section 37

x 47.52%]. Hence, it was believed that the income chargeable to tax amounting to Rs.60,45,017/- has escaped assessment for the year under consideration". 3. That the basic condition precedent for invoking jurisdiction/power u/s.147/148 of the IT Act, 1961 is missing in present case, in as much as, to initiate the proceeding under the said provision, the assessing officer

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T., CIRCLE-2(1), CUTTACK

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T., CIRCLE-2(1), CUTTACK

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T, CIRCLE-2(1), CUTTACK