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17 results for “reassessment u/s 147”+ Section 254(1)clear

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Key Topics

Section 143(3)34Section 153A16Addition to Income16Section 6812Section 14712Unexplained Investment7Section 1325Section 143(2)5Reassessment

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

u/s. 148. 14. Before us, the appellant company has made a written submission in the form of a Synopsis. The relevant portion of the appellant’s reply is being reproduced as under: “SUBMISSION[for Ground No. 2(a) & 2(c)] In this context, it is submitted as under: 1.00 FURNISHING OF ORIGINAL RETURNS OF INCOME BY THE APPELLANT

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

u/s. 148. 14. Before us, the appellant company has made a written submission in the form of a Synopsis. The relevant portion of the appellant’s reply is being reproduced as under: “SUBMISSION[for Ground No. 2(a) & 2(c)] In this context, it is submitted as under: 1.00 FURNISHING OF ORIGINAL RETURNS OF INCOME BY THE APPELLANT

5
Section 69C4
Section 1484
Search & Seizure2

DCIT , CENTRAL -2 , INDORE vs. M/S GREAT GALLEON VENTURES LTD , INDORE

In the result, the appeals of the Revenue bearing ITANo

ITA 67/IND/2021[2015-16]Status: DisposedITAT Indore23 Dec 2021AY 2015-16

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad

Section 145(3)Section 153ASection 68Section 69ASection 69C

reassessment for six years shall be finalised by the Assessing Officer. It is also held by various Courts that once notice u/ s 153A of the Act issued, then assessment for six years shall be at large both for Assessing Officer and assessee have no warrant of law. It has been also held that in the assessment years where assessments

DCIT , CENTRAL -2 , INDORE vs. M/S GREAT GALLEON VENTURES LTD , INDORE

In the result, the appeals of the Revenue bearing ITANo

ITA 68/IND/2021[2016-17]Status: DisposedITAT Indore23 Dec 2021AY 2016-17

Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad

Section 145(3)Section 153ASection 68Section 69ASection 69C

reassessment for six years shall be finalised by the Assessing Officer. It is also held by various Courts that once notice u/ s 153A of the Act issued, then assessment for six years shall be at large both for Assessing Officer and assessee have no warrant of law. It has been also held that in the assessment years where assessments

SHRI VIKRAM SINGH PUAR SON & LR OF LATE TUKOJI ROA PUAR,DEWAS vs. THE PR. CIT-1, BHOPAL

The appeal of the assessee is hereby allowed

ITA 407/IND/2016[2011-12]Status: DisposedITAT Indore20 May 2020AY 2011-12

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2011-12 Vikram Singh Paur, Pr. Cit Son & Legal Heir Of Late Shri Bhopal बनाम/ Tukoji Rao Puar Vs. Dewas (Appellant) (Revenue ) P.A. No.Agdpp8186B Appellant By Shri Girish Agrawal, Ca Revenue By Shri S.B. Prasad, Cit-Dr Date Of Hearing: 27.01.2020 Date Of Pronouncement: 20 .05.2020 आदेश / O R D E R Per Kul Bharat, J.M: This Appeal By The Assessee Is Directed Against Order Of Pr. Cit, Bhopal Dated 18.03.2016 For The Assessment Year

Section 263Section 292B

254(2). 3. In the instant case on the matter being recalled with a very specific objective, what has to be examined is whether Ld. Pr.CIT has made purely typographical error by passing the order u/s 263 in the name of deceased assessee, Late Shri Tukoji Rao Puar, more particularly when the fact of death was informed

DCIT KHANDWA, KHANDWA vs. M/S RAJRAJESHWAR COTTON CORPORATION, SENDHWA

In the result, Revenue’s appeal as well as Assessee’s Cross-

ITA 573/IND/2019[2011`-12]Status: DisposedITAT Indore21 Oct 2022

Bench: Shri Siddhartha Nautiyal & Shri B.M. Biyani(Conducted Through Virtual Court) & C.O. No. 9/Ind/2020 Assessment Year: 2011-12 Dcit M/S Raj Rajeshwar Cotton Khandwa Corporation, बनाम/ Warla Road, Sendhwa, Vs. District - Khandwa (Appellant / Revenue) (Respondent / Assessee) Pan: Aagfr 6243 N Assessee By None Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.10.2022 Date Of Pronouncement 21.10.2022

Section 143(3)Section 147Section 148Section 80I

254 Taxman 384 (Guj.) (HC). The court had held that "on verifying the record it was found that there was no nexus with reasons recorded for initiating reassessment proceedings and the information received by the AO from the investigating wing accordingly reassessment was held to be bad in law". (vi) In the case of Deepraj Hospital

DCIT, 3(1), INDORE vs. M/S. KALANI INDUSTRIES PVT. LTD., INDORE

In the result appeals of the revenue & assessee are

ITA 453/IND/2018[2010-11]Status: DisposedITAT Indore13 Mar 2020AY 2010-11

Bench: Shri Kul Bharat & Shri Manish Borad

1,49,75,466/- by holding that the addition made on the basis of statement recorded under section 132(4) has no relevance. The appellant reserve the right to add, amend or alter the grounds of appeal on or before the date; the appeal is finally heard for disposal. The assessee has raised following grounds of appeal in CO No.25

THE ACIT, 3(1), INDORE vs. M/S. KALANI INDUSTRIES PVT. LTD., INDORE

In the result appeals of the revenue & assessee are

ITA 452/IND/2018[2009-10]Status: DisposedITAT Indore13 Mar 2020AY 2009-10

Bench: Shri Kul Bharat & Shri Manish Borad

1,49,75,466/- by holding that the addition made on the basis of statement recorded under section 132(4) has no relevance. The appellant reserve the right to add, amend or alter the grounds of appeal on or before the date; the appeal is finally heard for disposal. The assessee has raised following grounds of appeal in CO No.25

DCIT, 3(1), INDORE vs. M/S. KALANI INDUSTRIES PVT. LTD., INDORE

In the result appeals of the revenue & assessee are

ITA 451/IND/2018[2008-09]Status: DisposedITAT Indore13 Mar 2020AY 2008-09

Bench: Shri Kul Bharat & Shri Manish Borad

1,49,75,466/- by holding that the addition made on the basis of statement recorded under section 132(4) has no relevance. The appellant reserve the right to add, amend or alter the grounds of appeal on or before the date; the appeal is finally heard for disposal. The assessee has raised following grounds of appeal in CO No.25

THE DCIT 1(1), INDORE vs. M/S FLEXITUFF INTERNATIONAL LTD., INDORE

In the result appeals of the revenue & assessee are

ITA 448/IND/2018[2009-10]Status: DisposedITAT Indore13 Mar 2020AY 2009-10

Bench: Shri Kul Bharat & Shri Manish Borad

1,49,75,466/- by holding that the addition made on the basis of statement recorded under section 132(4) has no relevance. The appellant reserve the right to add, amend or alter the grounds of appeal on or before the date; the appeal is finally heard for disposal. The assessee has raised following grounds of appeal in CO No.25

RAJ KUMAR PALIA,BHOPAL vs. DEPUTY COMMISSIONER OF INCOME TAX - ITARSI, CAMP AT BHOPAL, BHOPAL

Appeal is dismissed

ITA 453/IND/2025[2009-10]Status: DisposedITAT Indore03 Feb 2026AY 2009-10

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiassessment Year:2009-10 Raj Kumar Paliya Dcit/Acit M/S. Da Construction

Section 139Section 143(2)Section 143(3)Section 144Section 147Section 148Section 40

1,20,000/- during the year, hence, there was not requirement for deduction of TDS u/s 40(a)(ia) on payments made of Rs. 6,45,575/-and the claim of the assessee is allowed. The AR has also submitted details of payments made of Rs. 3,01,083/- to various parties, However, no supporting bills/vouchers were presented

MOHD HUSSAIN KAGDI,RATLAM vs. THE IT&TP, BHOPAL

Appeal is allowed

ITA 120/IND/2021[2011-12]Status: DisposedITAT Indore05 Feb 2024AY 2011-12

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year:2011-12 Mohd. Hussain Kagdi, Ito (I.T. & T.P.), 15, Tripoliya Gate, Bhopal बनाम/ Ratlam Vs. (Appellant/Assessee) (Respondent/Revenue) Pan: Atzpk 4811 B Assessee By Shri Rajesh Mehta, Ca & Shri Apurva Mehta, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 04.01.2024 Date Of Pronouncement 05.02.2024

Section 143(2)Section 143(3)Section 147Section 148Section 149Section 151Section 254(2)Section 69Section 69A

u/s 143(3) r.w.s. 147 of the Act is liable to be quashed. 4. On the facts and in the circumstances of the case and in law, the ld. AO has erred in reopening the assessment without obtaining prior approval of the Pr. CIT in accordance with the provisions of Section 151 of the Act. Thus, the reassessment proceedings

JCIT(OSD),-2(1),INDORE, INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

ITA 441/IND/2018[2014-15]Status: DisposedITAT Indore25 Jan 2023AY 2014-15

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

For Appellant: Shri S. S. Deshpande, CAFor Respondent: Shri P.K. Mishra, CIT-DR
Section 132Section 132(4)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 68

reassessment of the firm under section 143(3) read with section 148 wherein the impugned share of profit was offered to tax was completed and accepted by the Revenue. There is no material with the AO to demonstrate that firm was not genuine, and its activities were doubtful nature, and that the impugned amount of Rs.25,76,208/- represented unexplained

THE DCIT, 2(1), INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

ITA 244/IND/2017[2012-13]Status: DisposedITAT Indore25 Jan 2023AY 2012-13

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

For Appellant: Shri S. S. Deshpande, CAFor Respondent: Shri P.K. Mishra, CIT-DR
Section 132Section 132(4)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 68

reassessment of the firm under section 143(3) read with section 148 wherein the impugned share of profit was offered to tax was completed and accepted by the Revenue. There is no material with the AO to demonstrate that firm was not genuine, and its activities were doubtful nature, and that the impugned amount of Rs.25,76,208/- represented unexplained

THE DCIT, 2(1), INDORE vs. SHRI KESHAV KUMAR NACHANI, INDORE

In the result, all the appeals of the Revenue are dismissed

ITA 309/IND/2017[2013-14]Status: DisposedITAT Indore25 Jan 2023AY 2013-14

Bench: Smt. Madhumita Roy & Shri Bhagirath Mal Biyani

For Appellant: Shri S. S. Deshpande, CAFor Respondent: Shri P.K. Mishra, CIT-DR
Section 132Section 132(4)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 68

reassessment of the firm under section 143(3) read with section 148 wherein the impugned share of profit was offered to tax was completed and accepted by the Revenue. There is no material with the AO to demonstrate that firm was not genuine, and its activities were doubtful nature, and that the impugned amount of Rs.25,76,208/- represented unexplained

THE ACIT CENTRAL -2, BHOPAL vs. M/S FORTUNE SOUMYA HOUSING, BHOPAL

In the result, both the appeals of the Revenue and cross objections of the

ITA 232/IND/2023[2014-15]Status: DisposedITAT Indore30 Oct 2023AY 2014-15

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniacit (Central)-2, M/S.Fortune Soumya Bhopal Housing, Vs. Bhopal (Revenue /Appellant ) (Assessee / Respondent) Pan: Aacff1234H

Section 132Section 143(3)Section 147Section 153A

section 147 on 21st December, 2019, at the total income of Rs. 12,18,73,254/- after making the addition of Rs. 3,47,62,168/-. The assessee challenged the action of the AO before the Ld. CIT(A). The Ld. CIT(A) has deleted the addition made by the AO in the reassessment order. Aggrieved by the impugned order

ACIT (CENTRAL)-II, BHOPAL vs. M/S FORTUNE BUILDERS, BHOPAL

In the result, both the appeals of the Revenue and cross objections of the

ITA 233/IND/2023[2014-15]Status: DisposedITAT Indore30 Oct 2023AY 2014-15

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniacit (Central)-2, M/S.Fortune Soumya Bhopal Housing, Vs. Bhopal (Revenue /Appellant ) (Assessee / Respondent) Pan: Aacff1234H

Section 132Section 143(3)Section 147Section 153A

section 147 on 21st December, 2019, at the total income of Rs. 12,18,73,254/- after making the addition of Rs. 3,47,62,168/-. The assessee challenged the action of the AO before the Ld. CIT(A). The Ld. CIT(A) has deleted the addition made by the AO in the reassessment order. Aggrieved by the impugned order