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3 results for “reassessment”+ Section 5Aclear

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Key Topics

Section 683Addition to Income3Section 1472Unexplained Investment2Reassessment2

M/S SHIVALIKA REALITIES P LTD,INDORE vs. ITO 5(1) , INDORE

In the result of appeals of the assessee for AY 2008-09 and AY 2009-10 vide ITA no

ITA 94/IND/2018[2009-10]Status: DisposedITAT Indore04 Oct 2021AY 2009-10

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2008-09 & Assessment Year: 2009-10

5a). That, without prejudice to the above, the learned CIT(A) grossly erred, both on facts and in law, in confirming the addition of Rs.1,50,00,000/- made by the AO in the appellant’s income, on account of alleged unexplained cash credit under s.68 of the Act in respect of certain unsecured loans appearing in the audited balance

M/S SHIVALIKA REALITIES P LTD,INDORE vs. ITO 5(1) , INDORE

In the result of appeals of the assessee for AY 2008-09 and AY 2009-10 vide ITA no

ITA 95/IND/2018[2008-09]Status: DisposedITAT Indore04 Oct 2021AY 2008-09

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2008-09 & Assessment Year: 2009-10

5a). That, without prejudice to the above, the learned CIT(A) grossly erred, both on facts and in law, in confirming the addition of Rs.1,50,00,000/- made by the AO in the appellant’s income, on account of alleged unexplained cash credit under s.68 of the Act in respect of certain unsecured loans appearing in the audited balance

SHRIAMIT AGRAWAL,INDORE vs. THE ITO WARD 1(3), INDORE

ITA 212/IND/2022[2009-10]Status: DisposedITAT Indore27 Feb 2023AY 2009-10

Bench: Ms.Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2009-10 Shri Amit Agrawal Ito, Ward-1(3) बनाम/ Indore Indore Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Abrpa 2105 L Assessee By Shri S. N. Agrawal & Pankaj Mogra, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 09.02.2023 Date Of Pronouncement 27.02.2023

Section 143(3)Section 147Section 148Section 271(1)(c)Section 68

5A as claimed by the society, but Shri Deepak Mishra, Manager of the Society in his statement claimed that the amount was received by the society from the assessee. The appeal of the Society against the order dated 28.02.2014 is pending before the Ld CIT[A]. Hence, the said amount of Rs 5,00,000/ is added to the income