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1 result for “reassessment”+ Section 40A(3)clear

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Section 1472

ITISHA GOYAL,HARIDWAR vs. DY CIT, HARIDWAR

Appeal is allowed

ITA 93/DDN/2023[2012-2013]Status: DisposedITAT Dehradun23 Apr 2025AY 2012-2013

Bench: SHRI SATBEER SINGH GODARA (Judicial Member), SHRI M. BALAGANESH (Accountant Member)

Section 143(3)Section 147Section 148Section 40A(3)

3) regular assessment on 26th February, 2015 computing her total taxable income as Rs.40,13,590/-. And thereafter, he formed his reasons to belief that the assessee’s taxable income liable to be assessed as escapement which represented cash payments in acquisition of capital assets/agricultural lands amounting to Rs.1,33,00,000/-. He accordingly issued section 148 notice