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3 results for “reassessment”+ Section 164(2)clear

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Key Topics

Section 143(3)8Section 143(2)7Section 1424Section 1473Section 153(1)2Section 682Section 142(1)2Section 151A2Limitation/Time-bar2

SHRI BIMAL PAUL,SILCHAR vs. INCOME TAX OFFICER, WARD-1, SILCHAR

In the result, both the appeals of the assessee are dismissed

ITA 211/GTY/2014[2010-11]Status: DisposedITAT Guwahati06 Oct 2023AY 2010-11

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2010-11 & Assessment Year: 2011-12

For Appellant: N o n eFor Respondent: Shri Arun Bhowmick, JCIT
Section 142Section 143(2)Section 143(3)Section 153(1)

164 (SB). However, a perusal of the decision shows that the finding given was that Instructions/Circulars issued under section 119 of the Act are binding on Department offices and was delivered in the context of Instruction No. 1979 dated 27-03- 2000 of the CBDT in respect of not filing appeals below a benchmark tax effect for reducing litigation

SHRI BIMAL PAUL,SILCHAR vs. INCOME TAX OFFICER, WARD-1, SILCHAR

In the result, both the appeals of the assessee are dismissed

ITA 8/GTY/2016[2011-12]Status: DisposedITAT Guwahati06 Oct 2023AY 2011-12

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2010-11 & Assessment Year: 2011-12

For Appellant: N o n eFor Respondent: Shri Arun Bhowmick, JCIT
Section 142Section 143(2)Section 143(3)Section 153(1)

164 (SB). However, a perusal of the decision shows that the finding given was that Instructions/Circulars issued under section 119 of the Act are binding on Department offices and was delivered in the context of Instruction No. 1979 dated 27-03- 2000 of the CBDT in respect of not filing appeals below a benchmark tax effect for reducing litigation

ASSAM VALLEY FINANCE AND INVESTMENT PVT LTD,GUWAHATI vs. D.C.I.T., CIRCLE 1, GUWAHATI

In the result, the appeal of the assessee is allowed

ITA 75/GTY/2025[2016-17]Status: DisposedITAT Guwahati18 Dec 2025AY 2016-17

Bench: Shri Rajesh Kumar, Am & Shri Manomohan Das, Jm Assam Valley Finance & Dcit, Circle 1 Investment Pvt. Ltd. Aayakar Bhawan, Christian Basti, House No.1, Niligiri Path, G.S Road, Guwahati-781005, Vs. Zoo Road, Guwahati-781024 Assam (Appellant) (Respondent) Pan No. Aabca6974B Assessee By : Shri Miraj D Shah, Ar Revenue By : Shri Santosh Kumar Karnani, Dr Date Of Hearing: 12.11.2025 Date Of Pronouncement: 18.12.2025 O R D E R Per Rajesh Kumar, Am:

For Appellant: Shri Miraj D Shah, ARFor Respondent: Shri Santosh Kumar Karnani
Section 142(1)Section 143(2)Section 144BSection 147Section 148Section 151Section 151ASection 68

164/- as unexplained cash credit u/s 68 of the Act in respect of loss shown by the assessee in the profit and loss account. 2.2. In the appellate proceedings, the ld. CIT (A) dismissed the appeal of the assessee. 2.3. After hearing the rival contentions and perusing the materials available on record, we find that in this case the assessment