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5 results for “reassessment”+ Section 115Bclear

Sorted by relevance

Mumbai11Delhi5Cochin2Chandigarh1Jaipur1

Key Topics

Section 14715Section 115J9Section 143(3)8Section 1485Addition to Income5Section 1544Disallowance4Deduction3Depreciation3Section 115B2Section 1432Section 1152

DCIT, NEW DELHI vs. M/S INDO RAMA SYNTHETICS (I) LTD., NEW DELHI

In the result the appeal filed by the revenue stands dismissed

ITA 2673/DEL/2011[2002-03]Status: DisposedITAT Delhi27 Jul 2016AY 2002-03

Bench: Shri G. D. Agrawal, Hon’Ble & Smt. Beena A. Pillai

For Appellant: Shri A. K. Saroha, CIT DRFor Respondent: Shri Ajay Vohra, Sr. Adv
Section 115Section 115JSection 143Section 143(3)Section 147Section 148

115B and over all general scheme of the I T Act, 1961 in mind, a conjoint reading of the section shows that the phrase 'as per books' in clause (iii) of explanation 1 after sub-section 2 of section 115JB simply denotes 'not as per the regular provisions of the I T Act, 1961'. However, it does not preclude

LNG SECURITIES SERVICES PVT. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeal of the assessee is allowed

ITA 3708/DEL/2013[2004-05]Status: DisposedITAT Delhi11 Jul 2016AY 2004-05

Bench: : Shri C.M. Garg & Shri L.P. Sahu

For Appellant: Sh. V.V. Kale, C.AFor Respondent: Sh. Yogesh Kumar Sharma, Sr. DR
Section 115JSection 143(3)Section 147Section 154Section 234A

reassessment order under Section 147 has been carried out by the AO taking it to be mistake obvious & apparent. But the AO chose not to consider these facts on an application by the Assessee on the ground that this does not get covered under Section 154. 6. However, the Hon'ble CIT(A) confirmed the addition made by the assessing

DCIT, CENTRAL CIRCLE, MORADABAD, MORADABAD vs. GENUS POWER INFRASTRUCTURES LIMITED, JAIPUR, RAJASTHAN

In the result, the appeal of the assessee is allowed whereas cross appeal of the Revenue is dismissed

ITA 2680/DEL/2023[2010-11]Status: DisposedITAT Delhi10 May 2024AY 2010-11

Bench: Shri Kul Bharat & Shri Pradip Kumar Kedia

For Appellant: Shri Akshay Jain, Chartered AccountantFor Respondent: Shri Vivek Kumar Upadhyay, Sr.DR
Section 115BSection 115JSection 143(3)Section 147Section 148

115B of the Act. The income under normal provisions were re-assessed at ₹13,67,21,152/- and the book profit under Section 115JB were re-assessed at ₹35,31,97,481/- for MAT purposes. 3.1 In this backdrop, the ld. counsel submitted that in the instant case where the re-assessment proceedings were initiated for A.Y. 2010-11 after

GENUS POWER INFRASTRUCTURES LIMITED,UTTAR PRADESH vs. ACIT, CENTRAL CIRCLE, MORADABAD

In the result, the appeal of the assessee is allowed whereas cross appeal of the Revenue is dismissed

ITA 2573/DEL/2023[2010-11]Status: DisposedITAT Delhi10 May 2024AY 2010-11

Bench: Shri Kul Bharat & Shri Pradip Kumar Kedia

For Appellant: Shri Akshay Jain, Chartered AccountantFor Respondent: Shri Vivek Kumar Upadhyay, Sr.DR
Section 115BSection 115JSection 143(3)Section 147Section 148

115B of the Act. The income under normal provisions were re-assessed at ₹13,67,21,152/- and the book profit under Section 115JB were re-assessed at ₹35,31,97,481/- for MAT purposes. 3.1 In this backdrop, the ld. counsel submitted that in the instant case where the re-assessment proceedings were initiated for A.Y. 2010-11 after

BSES RAJDHANI POWER LTD.,NEW DELHI vs. ACIT, NEW DELHI

The appeal is partly allowed

ITA 3688/DEL/2011[2005-06]Status: DisposedITAT Delhi05 Oct 2015AY 2005-06

Bench: Shri I.C. Sudhir & Shri Inturi Rama Rao Assessment Year : 2005-06 Bses Rajdhani Power Ltd., Vs. Assistant Cit, Bses Bhawan, Nehru Place, Circle-3(1), New Delhi. New Delhi. (Pan: Aagcs3187H) (Appellant) (Respondent) Assessment Year: 2005-06 Deputy Cit, Vs. Bses Rajdhani Power Ltd., Circle 3(1), Bses Bhavan, Nehru Place, New Delhi. New Delhi. (Pan: Aagcs3187H) (Appellant) (Respondent) Assessment Year : 2006-07 Bses Rajdhani Power Ltd., Vs. Assistant Cit, Bses Bhawan, Nehru Place, Circle-3(1), New Delhi. New Delhi. (Pan: Aagcs3187H) (Appellant) (Respondent) Assessment Year: 2006-07 Deputy Cit, Vs. Bses Rajdhani Power Ltd., Circle 3(1), Bses Bhavan, Nehru Place, New Delhi. New Delhi. (Pan: Aagcs3187H) (Appellant) (Respondent)

Section 154

section 174 of the Electricity Act, 2003. 22.4 Thus, by virtue of Section 174 of the Electricity Act, 2003, the provisions of the said Act read along with the DERC regulations shall override the provisions of all other Acts, including the Companies Act, 1956. 22.5 Corresponding to the aforesaid, even the Companies Act, 1956 (section 616) and the Companies