K K SPUN INDIA LIMITED,DELHI vs. DCIT CENTRAL CIRCLE-2 NEW DELHI, JHANDEWALAN DELHI

The appeals of the assessee are allowed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

reassessment notices under Section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

K K SPUN INDIA LIMITED,DELHI vs. DCIT, JHANDEWALAN DELHI

The appeals of the assessee are allowed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal

reassessment notices under Section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

INCOME TAX OFFICER WARD-2(2)(1), GHAZIABAD, GHAZIABAD vs. VIKAS SHARMA, GHAZIABAD

In the result, the appeal filed by the Revenue in AY 2013-14 is dismissed

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI YOGESH KUMAR U.S. (Judicial Member)

reassessment notices under section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

INCOME TAX OFFICER WARD-2(2)(1), GHAZIABAD, GHAZIABAD vs. VIKAS SHARMA, GHAZIABAD

In the result, the appeal filed by the Revenue in AY 2013-14 is dismissed

Bench: SHRIS.RIFAUR RAHMAN (Accountant Member), SHRI YOGESH KUMAR U.S. (Judicial Member)

reassessment notices under section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

BSES YAMUNA POWER LTD.,NEW DELHI vs. DCIT, CIRCLE- 5(1), NEW DELHI

The appeal of the assessee is allowed on legal issues

Bench: Shri Anubhav Sharma & Shri Manish Agarwalbses Rajdhani Power Ltd., Dy. Cit, Bses Bhawan, Cicle-5(1), Nehru Place, Vs. New Delhi. New Delhi-110019 Pan-Aagcs3187H (Appellant) (Respondent) Bses Rajdhani Power Ltd., Asst. Cit, Bses Bhawan, Cicle-5(1), Nehru Place, Vs. New Delhi. New Delhi-110019 Pan-Aagcs3187H (Appellant) (Respondent) Bses Yamuna Power Dy. Cit, Limited, Cicle-5(1), Shakti Kiran Building, Vs. New Delhi. Karkardoooma, Delhi-110092 Pan-Aagcs3187H (Appellant) (Respondent) Bses Rajdhani Power Ltd. & Ors Vs. Acit Bses Yamuna Power Asst. Cit, Limited, Cicle-5(1), Shakti Kiran Building, Vs. New Delhi. Karkardoooma, Delhi-110092 Pan-Aagcs3187H (Appellant) (Respondent) Assessee By Shri Rohit Jain, Adv., Sh. Deepesh Jain, Adv. & Sh. Shivam Gupta, Ca Department By Mr. Javed Akhtar, Cit-Dr Date Of Hearing 20/02/2025 Date Of Pronouncement 16/04/2025 O R D E R

reassess the Income in respect of any issue, which has escaped assessment, and such issue comes to his notice subsequently in the course of the proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under subsection (2) of section 148." 5.1.2 Hence, considering the above legal provisions before initiating action

BSES YAMUNA POWER LTD,DELHI vs. ACIT, CIRCLE-5(1), NEW DEL;HI

The appeal of the assessee is allowed on legal issues

Bench: Shri Anubhav Sharma & Shri Manish Agarwalbses Rajdhani Power Ltd., Dy. Cit, Bses Bhawan, Cicle-5(1), Nehru Place, Vs. New Delhi. New Delhi-110019 Pan-Aagcs3187H (Appellant) (Respondent) Bses Rajdhani Power Ltd., Asst. Cit, Bses Bhawan, Cicle-5(1), Nehru Place, Vs. New Delhi. New Delhi-110019 Pan-Aagcs3187H (Appellant) (Respondent) Bses Yamuna Power Dy. Cit, Limited, Cicle-5(1), Shakti Kiran Building, Vs. New Delhi. Karkardoooma, Delhi-110092 Pan-Aagcs3187H (Appellant) (Respondent) Bses Rajdhani Power Ltd. & Ors Vs. Acit Bses Yamuna Power Asst. Cit, Limited, Cicle-5(1), Shakti Kiran Building, Vs. New Delhi. Karkardoooma, Delhi-110092 Pan-Aagcs3187H (Appellant) (Respondent) Assessee By Shri Rohit Jain, Adv., Sh. Deepesh Jain, Adv. & Sh. Shivam Gupta, Ca Department By Mr. Javed Akhtar, Cit-Dr Date Of Hearing 20/02/2025 Date Of Pronouncement 16/04/2025 O R D E R

reassess the Income in respect of any issue, which has escaped assessment, and such issue comes to his notice subsequently in the course of the proceedings under this section, notwithstanding that the reasons for such issue have not been included in the reasons recorded under subsection (2) of section 148." 5.1.2 Hence, considering the above legal provisions before initiating action

AP GOYAL CHARITABLE TRUST,EAST DELHI, DELHI INDIA vs. ITO, CIVIC CENTRE,NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: SHRI SATBEER SINGH GODARA (Judicial Member), SHRI MANISH AGARWAL (Accountant Member)

reassessment notices under Section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

INCOME TAX OFFICER, ITO, NEW DELHI vs. AMBADEEP INFRASTRUCTURE PRIVATE LIMITED, SRIVASTVA MARKET

Appeal is dismissed

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwalassessment Year: 2012-13 Income Tax Officer, Vs. Ambadeep Infrastructure Pvt. New Delhi Ltd., 453/22, Srivastva Market, New Delhi Pan: Aaica1328G (Appellant) (Respondent) Assessee By None Department By Sh. Rajesh Tiwari, Sr. Dr

reassessment notices under Section 148 of the new regime. 4 | P a g e In Para 112 the Apex Court

INCOME TAX OFFICER, WARD-20(3), DELHI, NEW DELHI vs. RMP HOLDINGS PVT LTD, NEW DELHI

In the result the appeal of the Revenue is dismissed

Bench: Sh. S. Rifaur Rahman & Sh. Sudhir Kumarassessment Year: 2017-18 Ito, Vs. Rmp Holdings Pvt. Ltd. New Delhi 138-C, Block -B Group -4 Dilshad Garden New Delhi Pan No.Aaacr5533N (Appellant) (Respondent)

reassessment notices under Section 148 of the new regime. 112. Let us take the instance of a notice issued on 1 May 2021 under

COMMISSIONER OF INCOME TAX (CENTRAL)-III vs. KABUL CHAWLA

112 which, inter alia, included two additions of Rs. 12,77,193 and Rs. 90,26,389 on account of deemed dividend under Section 2 (22) (e) of the Act corresponding to the additions made on protective basis in the hands of Shalimar Town Planners Pvt. Ltd. (STTPL) and on a substantive basis in the hands of other companies

COMMISSIONER OF INCOME TAX (CENTRAL)-III vs. KABUL CHAWLA

112 which, inter alia, included two additions of Rs. 12,77,193 and Rs. 90,26,389 on account of deemed dividend under Section 2 (22) (e) of the Act corresponding to the additions made on protective basis in the hands of Shalimar Town Planners Pvt. Ltd. (STTPL) and on a substantive basis in the hands of other companies

COMMISSIONER OF INCOME TAX (CENTRAL)-III vs. KABUL CHAWLA

112 which, inter alia, included two additions of Rs. 12,77,193 and Rs. 90,26,389 on account of deemed dividend under Section 2 (22) (e) of the Act corresponding to the additions made on protective basis in the hands of Shalimar Town Planners Pvt. Ltd. (STTPL) and on a substantive basis in the hands of other companies

BALBIR SINGH,DELHI vs. AO, NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, Appeal of the Assessee in ITA Nos

reassessment notices under Section 148 of the new\nregime. The surviving or balance time limit can be calculated by\ncomputing the number of days between the date of issuance of\nthe deemed notice and 30 June 2021.\"\n\n9 ITA No. 5755, 5756, 5761, 5768 & 5756/Del/2024\nBalbir Singh Vs. NFAC\n\n19. Thus, the Hon'ble Supreme Court held that

BALBIR SINGH,DELHI vs. INCOME TAX OFFICER, WARD 43(6), DELHI

In the result, Appeal of the Assessee in ITA Nos

reassessment notices under Section 148 of the new\nregime. The surviving or balance time limit can be calculated by\ncomputing the number of days between the date of issuance of\nthe deemed notice and 30 June 2021.\"\n\n9 ITA No. 5755, 5756, 5761, 5768 & 5756/Del/2024\nBalbir Singh Vs. NFAC\n\n19.\nThus, the Hon'ble Supreme Court held that

HERO MOTOCORP LTD (AS SUCCESSOR OF HERO INVESTMENT P.LTD),NEW DELHI vs. DCIT, CIRCLE 11(1), NEW DELHI

The appeal is allowed

Bench: Shri G.S. Pannu & Shri Anubhav Sharmaassessment Year: 2011-12

reassessment proceedings initiated pursuant to the notice issued under section 148 are hereby quashed. [Para 15]" 8. Now coming to the facts of present case, the broad allegations made by the assessing officer in the reasons recorded, which forms the basis of impugned proceedings are: i. It has been alleged by AO that benefit by way of discount in purchase

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL, DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C r.w.s 143(3) of the Act. It was further contended by him that evidences galore were duly placed during the course of assessment proceeding. It was submitted by the Ld. AR that P a g e | 8 ITA Nos. 1819 to 1821/Del/2025 Shri Ashok Kumar Bansal (AYs: 2017-18 to 2019-20) during the course

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C r.w.s 143(3) of the Act. It was further contended by him that evidences galore were duly placed during the course of assessment proceeding. It was submitted by the Ld. AR that P a g e | 8 ITA Nos. 1819 to 1821/Del/2025 Shri Ashok Kumar Bansal (AYs: 2017-18 to 2019-20) during the course

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C r.w.s 143(3) of the Act. It was further contended by him that evidences galore were duly placed during the course of assessment proceeding. It was submitted by the Ld. AR that P a g e | 8 ITA Nos. 1819 to 1821/Del/2025 Shri Ashok Kumar Bansal (AYs: 2017-18 to 2019-20) during the course