BEST BULL STOCK TRADING PVT LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE-18, NEW DELHI

In the result, the appeals of the revenue in ITA No

Bench: Sh. C.N. Prasad & Sh. M. Balaganesh

reassessment or recomputation may be taken. Section 251 reads as follows: Powers of the 70 [Joint Commissioner (Appcals) or the) Commissioner (Appeals). 251. (1) In disposing of an appeal, the Commissioner (Appeals) shall have the following powers- (a) in an appeal against an order of assessment, he may confirm, reduce, enhance or annul the assessment: [Provided that where such appeal

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

ACIT, CENTRAL CIRCLE- 30, NEW DELHI vs. PRAKASH INDUSTRIES LTD., HISAR

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

ACIT, CENTRAL CIRCLE- 30, NEW DELHI vs. PARKASH INDUSTRIES LTD, HISAR

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

ACIT, CENTRAL CIRCLE- 30, NEW DELHI vs. PARKASH INDUSTRIES LTD, HISAR

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

ACIT, CENTRAL CIRCLE- 30, NEW DELHI vs. PARKASH INDUSTRIES LTD, HISAR

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CC- 30,, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

ACIT, CENTRAL CIRCLE- 30, NEW DELHI vs. PRAKASH INDUSTRIES LTD., HISAR

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

PRAKASH INDUSTRIES LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 30, NEW DELHI

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

reassessed consequently. In other words, after the search, the assessment for the 6 preceding assessment years under section 153A has necessarily to take place and there is no scope for any abatement. This is what comes out from the bare reading of the provisions of section 153A of the act. This is also been held by the Hon'ble Delhi

COMMISSIONER OF INCOME TAX (CENTRAL)-I vs. CHETAN GUPTA

The appeal is dismissed but, in the facts and circumstances of the

Section 148 of the Act. The security 2015:DHC:7656-DB ITA No.72 of 2014 Page 14 of 24 guard was not an agent of the Assessee and therefore, the reassessment proceedings were held to be bad in law. 30. In Dina Nath v. Commissioner of Income-tax [1994] 72

COMMISSIONER OF INCOME TAX, DELHI VIII vs. INDIAN FARMERS FERTILIZERS CO-OP. LTD.

The appeal stands disposed of accordingly

reassessment dated 16.03.2000. There is no dispute about the above reason recorded by the ld. Assessing Officer for re-opening the assessment for the second time, apart from the challenge that no requisite satisfaction of Commissioner of Income-tax was made available to the assessee in spite of repeated requests. “Section 72

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

72, sub-section (2) of section 73, sub-section (1) or sub-section (3) of section 74 or sub-section (3) of section 74A. xxxxxxxxxxxx Section 153 (3):…………………………………………………………… (i) [***] (ii) where the assessment, reassessment

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

72, sub-section (2) of section 73, sub-section (1) or sub-section (3) of section 74 or sub-section (3) of section 74A. xxxxxxxxxxxx Section 153 (3):…………………………………………………………… (i) [***] (ii) where the assessment, reassessment

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

72, sub-section (2) of section 73, sub-section (1) or sub-section (3) of section 74 or sub-section (3) of section 74A. xxxxxxxxxxxx Section 153 (3):…………………………………………………………… (i) [***] (ii) where the assessment, reassessment

DCIT, NEW DELHI vs. M/S. NATIONAL BUILDING CONSTRUCTION CORPORATION LTD.,, NEW DELHI

In the result, all the appeals filed by the Revenue are dismissed and the

Bench: Shri Inturi Rama Rao & Shri Sudhanshu Srivastava

72, sub-section (2) of section 73, sub-section (1) or sub-section (3) of section 74 or sub-section (3) of section 74A. xxxxxxxxxxxx Section 153 (3):…………………………………………………………… (i) [***] (ii) where the assessment, reassessment