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2 results for “reassessment”+ Section 40A(3)clear

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Key Topics

Section 1473Section 143(3)2Reassessment2Addition to Income2

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

RITU SINGHAL,DEHRADUN vs. DCIT/ACIT , CENTRAL CIRCLE, DEHRADUN

In the result, appeal of the assessee is allowed

ITA 47/DDN/2025[2022-23]Status: DisposedITAT Dehradun29 Oct 2025AY 2022-23
Section 143(3)Section 147Section 250Section 69A

reassessment proceedings and an addition of INR 40,91,770/-. The assessee's appeal to the Ld. CIT(A) was partly allowed.", "held": "The Tribunal held that the amounts credited to the employees' bank accounts were salaries and not the assessee's income, therefore, Section 69A of the Income Tax Act was not applicable. The Tribunal also held that