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2 results for “reassessment”+ Section 24Bclear

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Delhi20Mumbai3Surat2Bangalore2Jaipur2A.K. SIKRI ROHINTON FALI NARIMAN1Chennai1SC1Cuttack1

Key Topics

Section 1483Section 10A2Section 1472

AKSH OPTIFIBRE LIMITED,NEW DELHI vs. ACIT, CIRCLE - 2, ALWAR

In the result, all the appeal of the assessee is allowed

ITA 170/JPR/2024[2010-11]Status: DisposedITAT Jaipur20 May 2025AY 2010-11
For Appellant: Shri Akul Agarwal, C.A. (thr. V.C.)For Respondent: Shri Arvind Kumar, CIT-DR
Section 143(3)Section 147Section 148Section 156Section 234ASection 250

reassessment and the notice is plainly\nmechanical and stereotype. That the reasons were supplied by the Assessing\nOfficer to assessee on 03.07.2015 which were objected vide letter dated\n09.07.2015 and later on Assessing Officer disposed objection on 26.10.2015. The\ncharacteristic feature of the reasons were re-appraisal of the same material forming\nthe part of original assessment records. Just

PINK CITY JEWEL HOUSE PRIVATE LIMITED ,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), JAIPUR

ITA 598/JPR/2024[2018-2019]Status: DisposedITAT Jaipur26 Dec 2024AY 2018-2019
For Appellant: Sh. Siddharth Ranka, AdvFor Respondent: Sh. Saurav Harsh, Adv.&
Section 10ASection 142(1)Section 143(2)Section 144oSection 14ASection 263Section 69

reassess the earlier assessment in terms of section 147 or carry out rectification u/s 154 of the Act. He can't usurp the power of the CIT and recommend a revision. No overlapping of powers of the authorities under the Act can be permitted. As the revision proceedings in this case have triggered with the AO sending a proposal