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5 results for “reassessment”+ Section 194Aclear

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Key Topics

Section 14811Section 148A8Section 1475Addition to Income4Section 139(1)2Section 1392Section 194A2Reassessment2

SANGHI TEXTILES PRIVATE LIMITED,HYDERBAD vs. ITO., WARD-3(1), HYDERABAD

ITA 1311/HYD/2025[2014-15]Status: DisposedITAT Hyderabad07 Jan 2026AY 2014-15

Bench: Us:

Section 139(1)Section 143(2)Section 145Section 147Section 148Section 194ASection 250Section 37(1)

194A of the Act. As the assessee company had not filed its return of income for the subject year under section 139(1) of the Act, i.e., within the “due date” of 31/10/2013, the AO made an addition of the subject interest income in its hands. 7. The AO further observed that the assessee company, during the year under consideration

CHANDINI DUVVURI,HYDERABAD vs. ITO (INT TAXN)-1, HYDERABAD

In the result, the appeal filed by the assessee is allowed

ITA 1432/HYD/2025[2015-16]Status: DisposedITAT Hyderabad12 Dec 2025AY 2015-16

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

Section 147Section 148Section 148ASection 151A

194A; and (iii) payments made to non- residents amounting to Rs. 5,67,699/- reported under Section 5 Chandini Duvvuri 195. Since the assessee had not filed the return of income under Section 139(1), the sources for the said deposits and interest receipts were not explained before the Department. Consequently, the A.O., after following due procedure prescribed under Section

SUKESINI KUMILI,HYDERABAD vs. ITO, WARD-15(1), HYDERABAD

ITA 1539/HYD/2025[2016-17]Status: DisposedITAT Hyderabad16 Jan 2026AY 2016-17
For Appellant: Advocate Shri S. Rama Rao
Section 115BSection 144Section 147Section 148Section 148ASection 149Section 153

reassessment introduced by the\nCBDT. In this regards, the Ld. AR invited our attention to the\norder passed under section 148A(d) of the Act, dated 06.04.2022\nand the notice issued under section 148 of the Act on the same\ndate. He demonstrated that both the documents clearly bear the\nname and designation of the JAO. It was submitted that

ACIT., CIRCLE-6(1), HYDERABAD vs. NEW CLUB, HYDERABAD

In the result, the appeal of the revenue is allowed for statistical purposes

ITA 958/HYD/2025[2018-19]Status: DisposedITAT Hyderabad04 Feb 2026AY 2018-19

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

For Appellant: Shri V. Srinivas, CAFor Respondent: : Dr. Sachin Kumar, SR-DR
Section 139Section 139(1)Section 147Section 148Section 148ASection 194ASection 69A

reassessment proceedings, the Ld. AO noticed that the assessee had deposited cash amounting to Rs.1,94,38,894/- in its bank account but had not declared the source of such deposits by filing the return of income along with supporting documentary evidence. The Ld. AO further observed that no documentary evidence such as names of persons from whom cash were

GUPTA ASHOK KUMAR,HYDERABAD vs. INCOME TAX OFFICER, WARD-1(2), HYDERABAD

In the result, appeal of the assessee allowed

ITA 376/HYD/2024[2014-15]Status: DisposedITAT Hyderabad25 Jul 2025AY 2014-15

Bench: Shri Manjunatha G & Shri Ravish Sood

For Appellant: CA, P Murali Mohan RaoFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 148Section 68

reassessment is not sustainable in view of the very basic fact that there was no reason for reopening and as it does not contain any material establishing live-link for the information & the conclusion to enable a reasonable person to form a prima-facie belief for escapement of income except a report of Investigation Wing