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2 results for “reassessment”+ Section 43Dclear

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Key Topics

Section 80I7Section 1475Section 143(3)5Section 805Section 1483Exemption2Deduction2Reopening of Assessment2

RRB ENERGY LTD.,NEW DELHI vs. ITO, NEW DELHI

The appeal of the assessee is hereby allowed

ITA 1876/DEL/2013[2006-07]Status: DisposedITAT Delhi22 Jan 2019AY 2006-07

Bench: Smt. Beena A. Pillaia N D Dr. B.R.R. Kumarassessment Year: 2006-07 Rrb Energy Ltd. Ito Ga-1/B1 Extn. Mohan Coop. Indl. Ward- 15 (2) Vs. Estate New Delhi New Delhi Pan: Aaacv0109N (Appellant) (Respondent)

For Appellant: Sh. K. SampatFor Respondent: Shri Surender Pal, Sr. DR
Section 10ASection 143(3)Section 147Section 148Section 28Section 43DSection 80I

reassess the income for the A.Y. 2006-07. • The operative part of the reasons recorded are as under: i. The assessee has claimed deduction under section 80IA on Rs. 1,20,02,794/- pertaining to income generated from the units installed in the assessment years 1997-98, 1998-99, 2002-03, 2005-06 and 2006-07. The gross income

RRB ENERGY LTD.,NEW DELHI vs. ITO, NEW DELHI

ITA 1874/DEL/2013[2004-05]Status: DisposedITAT Delhi28 Jan 2016AY 2004-05

Bench: Shri G. D. Agrawal, Hon’Ble & Shri Kuldip Singh

For Appellant: Shri K. Sampath, AdvFor Respondent: Smt. Kesang Y Sherpa, Sr. DR
Section 143(3)Section 147Section 148Section 155JSection 80Section 80l

reassessment proceedings u/s 147/148 of the Income Tax Act, 1961 without any reason or basis or material; ii) in acting u/s 147 r.w.s. 143 (3) of the Act to redo the assessment solely on the basis of change of opinion and in 2 I.T.A.No.1874./Del/2013 violation of the parameters envisaged under the proviso to section