M/S. SRI BALAJI FORGINGS (P) LTD.,NEW DELHI vs. PR. CIT- 8, NEW DELHI

In the result, appeal of Assessee is allowed

Bench: Shri Bhavnesh Saini, J.M. & Shri Prashant Maharishi, A.M.

68 ITA.No.3216/Del./2017 Sri Balaji Forgings (P) Ltd., New Delhi. assessment year. In the absence of any such details mentioned in the reasons or notice under section 148, the re-assessment order would be invalid and bad in law. Further A.O. recorded incorrect facts in the reasons for reopening

ACIT, NEW DELHI vs. SH. VALMIK THAPAR, NEW DELHI

Appeals are disposed of by this common order as indicated above

Bench: Hon’Ble Justice P.P. Bhatt & Shri Prashant Maharishi(Through Video Conferencing) Shri Valmik Thapar, Vs. Acit, 19, Kautilya Marg, Circle-53(1), New Delhi New Delhi (Appellant) (Respondent) Shri Valmik Thapar, Vs. Dcit, M/S. R. N. Khanna & Company, Ca, Circle-32(1), 14-15F, Shivam House, Connaught New Delhi Place, New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Acit, Vs. Shri Valmik Thapar, Circle-53(1), 19, Kautilya Marg, New Delhi New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Assessee By : Shri Salil Agarwal, Senior Advocate Along With Shri Shailesh Gupta, Shri Mahur Agarwal, Advocates Revenue By: Shri H. K. Choudhary, Cit Dr Date Of Hearing 11/06/2021 (Last Hearing) Date Of Pronouncement 11/06/2021. O R D E R Per Prashant Maharishi, A. M. 1. These Are Three Appeals For Two Assessment Years Pertaining To One Assessee, Mr. Valmik Thapar, A Resident, Individual [Assessee]. Assessee Filed Ita Number

Assessing Officer does not agree with the report regarding the valuer relied upon by the assessee, rejection of such valuer's report without making reference to the valuation, order is invalid and the report of the registered valuer shall be accepted. 5.4 The Hon’ble Bombay High Court in the case of C.I.T. vs. Raman Kumar Suri reported

SHRI VALMIK THAPAR,NEW DELHI vs. DCIT, NEW DELHI

Appeals are disposed of by this common order as indicated above

Bench: Hon’Ble Justice P.P. Bhatt & Shri Prashant Maharishi(Through Video Conferencing) Shri Valmik Thapar, Vs. Acit, 19, Kautilya Marg, Circle-53(1), New Delhi New Delhi (Appellant) (Respondent) Shri Valmik Thapar, Vs. Dcit, M/S. R. N. Khanna & Company, Ca, Circle-32(1), 14-15F, Shivam House, Connaught New Delhi Place, New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Acit, Vs. Shri Valmik Thapar, Circle-53(1), 19, Kautilya Marg, New Delhi New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Assessee By : Shri Salil Agarwal, Senior Advocate Along With Shri Shailesh Gupta, Shri Mahur Agarwal, Advocates Revenue By: Shri H. K. Choudhary, Cit Dr Date Of Hearing 11/06/2021 (Last Hearing) Date Of Pronouncement 11/06/2021. O R D E R Per Prashant Maharishi, A. M. 1. These Are Three Appeals For Two Assessment Years Pertaining To One Assessee, Mr. Valmik Thapar, A Resident, Individual [Assessee]. Assessee Filed Ita Number

Assessing Officer does not agree with the report regarding the valuer relied upon by the assessee, rejection of such valuer's report without making reference to the valuation, order is invalid and the report of the registered valuer shall be accepted. 5.4 The Hon’ble Bombay High Court in the case of C.I.T. vs. Raman Kumar Suri reported

SH. VALMIK THAPAR,NEW DELHI vs. ACIT, NEW DELHI

Appeals are disposed of by this common order as indicated above

Bench: Hon’Ble Justice P.P. Bhatt & Shri Prashant Maharishi(Through Video Conferencing) Shri Valmik Thapar, Vs. Acit, 19, Kautilya Marg, Circle-53(1), New Delhi New Delhi (Appellant) (Respondent) Shri Valmik Thapar, Vs. Dcit, M/S. R. N. Khanna & Company, Ca, Circle-32(1), 14-15F, Shivam House, Connaught New Delhi Place, New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Acit, Vs. Shri Valmik Thapar, Circle-53(1), 19, Kautilya Marg, New Delhi New Delhi Pan: Aacpt7098K (Appellant) (Respondent) Assessee By : Shri Salil Agarwal, Senior Advocate Along With Shri Shailesh Gupta, Shri Mahur Agarwal, Advocates Revenue By: Shri H. K. Choudhary, Cit Dr Date Of Hearing 11/06/2021 (Last Hearing) Date Of Pronouncement 11/06/2021. O R D E R Per Prashant Maharishi, A. M. 1. These Are Three Appeals For Two Assessment Years Pertaining To One Assessee, Mr. Valmik Thapar, A Resident, Individual [Assessee]. Assessee Filed Ita Number

Assessing Officer does not agree with the report regarding the valuer relied upon by the assessee, rejection of such valuer's report without making reference to the valuation, order is invalid and the report of the registered valuer shall be accepted. 5.4 The Hon’ble Bombay High Court in the case of C.I.T. vs. Raman Kumar Suri reported

MAHESHWARI ROLLER FLOUR MILLS PVT LTD,NEW DELHI vs. ITO WARD - 16(1), NEW DELHI

In the result, appeal of the Assessee allowed

Bench: Shri Bhavnesh Saini & Shri O.P. Kant

assessment proceedings under section 147 of the I.T. Act, invalidate sanction under section 151 of the I.T. Act that the reopening have been done without application of mind along with addition under section 68

CHARBUJA MARMO (INDIA) PVT. LTD.,DELHI vs. PR.CIT- 2 , NEW DELHI

In the result, appeal of Assessee allowed

Bench: Shri Bhavnesh Saini & Shri B.R.R. Kumar

reopened under section 148 of the I.T. Act, 1961. Notice under section 148 was issued on 18.10.2013. The A.O. issued notice under section 142(1) Dated 22.05.2014 and the assessee in reply thereto, submitted that return already filed may be treated as return filed pursuant to notice under section 148 of the I.T. Act. The A.O. issued notice under section

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier

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

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

Reopen means to deal with or begin with again.it means the assessing officer shall assess or reassess the total income of six assessment years. … on the contrary, it is expressly provided under section 153a the assessing officer shallassess or reassess the ‘total income’ of six assessment years which means the said totalincome includes income which was returned in the earlier