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4 results for “reassessment”+ Carry Forward of Lossesclear

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Mumbai1,616Delhi605Kolkata315Ahmedabad311Jaipur213Chennai196Bangalore177Pune161Hyderabad150Chandigarh147Raipur124Surat85Rajkot76Visakhapatnam71Indore71Amritsar65Guwahati53Patna50Cuttack44Nagpur43Lucknow38Cochin29Allahabad16Dehradun14SC13Agra11Jodhpur10Karnataka9Ranchi6Orissa4Jabalpur4Telangana4Kerala3Varanasi3Panaji2Calcutta1Punjab & Haryana1Rajasthan1K.S. RADHAKRISHNAN A.K. SIKRI1

Key Topics

Section 271(1)(c)9Section 143(3)9Section 1474Section 1484Penalty3Reassessment3Addition to Income3Section 1152Rectification u/s 1542

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1), JABALPUR vs. MADHYA PRADESH POWER GENERATING CO. LTD., JABALPUR

In the result, the Revenue's appeal is dismissed as not maintainable

ITA 251/JAB/2018[2008-09]Status: DisposedITAT Jabalpur23 Feb 2022AY 2008-09

Bench: Shri Sanjay Arora, Hon’Ble & Shri Manomohan Das, Hon'Ble

For Appellant: Shri Rahul Bardia, CAFor Respondent: Shri S.K. Halder, DR
Section 115Section 143(3)Section 147Section 154Section 271(1)(c)

reassessment dated 21/3/2016, thus, had no tax impact inasmuch as the tax payable was only consequent to the deemed total income u/s. 115-JB. No penalty, even as explained in CIT v. Nalwa Sons Investment Ltd. [2010] 327 ITR 543 (Del), is leviable u/s. 271(1)(c) under such circumstances. Special Leave Petition (SLP) against the said decision has been

M/S ANUSHREE ENGINEERING,JABALPUR vs. INCOME TAX OFFICER, JABALPUR

In the result, subject to the caveat stated at para 3

ITA 153/JAB/2013[2006-07]Status: DisposedITAT Jabalpur27 Sept 2021AY 2006-07

Bench: Sh. Sanjay Arora, Hon'Ble

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

carry on any business herself. In the above case, assessee has shown payment of commission of Rs. 1,82,656/- to M/s. Kirti Trading Co. In view of the above findings, the alleged commission expenses to M/s. Kirti Trading Co. shown by the assessee in its profit and loss account is disallowable. In view of the above, I have reasons

M/S.ANUSHRI ENGINEERING,JABALPUR vs. INCOME TAX OFFICER WARD 2(1), JABALPUR

In the result, subject to the caveat stated at para 3

ITA 6/JAB/2018[2006-07]Status: DisposedITAT Jabalpur27 Sept 2021AY 2006-07

Bench: Sh. Sanjay Arora, Hon'Ble

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

carry on any business herself. In the above case, assessee has shown payment of commission of Rs. 1,82,656/- to M/s. Kirti Trading Co. In view of the above findings, the alleged commission expenses to M/s. Kirti Trading Co. shown by the assessee in its profit and loss account is disallowable. In view of the above, I have reasons

SUNIL KUMAR PATHAK,REWA vs. INCOME TAX OFFICER WARD -1, , REWA

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

ITA 37/JAB/2023[2014-15]Status: DisposedITAT Jabalpur13 Nov 2023AY 2014-15

Bench: Shri Om Prakash Kant & Shri Pavan Kumar Gadalesunil Kumar Pathak Vs. Ito, Ward – 1, 3Rd Floor, A Block, Shilpi Rewa-486001, Plaza, Pili Kothi, Madhya Pradesh. Rewa-486001, Madhya Pradesh. Pan/Gir No. : Arwpp9628A Appellant .. Respondent Appellant By : Shri.Dhiraj Ghai.Fca.Ar Respondentby : Shri.Shiv Kumar. Sr.Dr Date Of Hearing 15.09.2023 Date Of Pronouncement 10.11.2023 आदेश / O R D E R Per Pavan Kumar Gadale Jm: The Assessee Has Filed The Appeal Against The Order Of The National Faceless Appeal Centre (Nfac) / Cit(A) Passed U/Sec 144 & 250 Of The Act. The Assessee Has Raised The Following Grounds Of Appeal:

For Appellant: Shri.Dhiraj Ghai.FCA.ARFor Respondent: Shri.Shiv Kumar. Sr.DR
Section 147Section 148

carried on traditional basis. Accordingly addition of Rs 2.50,10,000/- as investment in impugned house should be deleted as source to acquire same was duly explained to CIT(A) with proofs. 7. WITHOUT PREJUDICE GROUND NUMBER 1 ΤΟ 4 to further appeal on ground that on the facts and circumstances of the case Id CIT (A) erred in confirming