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2 results for “reassessment u/s 147”+ Section 194Jclear

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Mumbai39Chennai20Delhi20Bangalore19Patna6Jaipur4Jodhpur2Lucknow1Kolkata1Cuttack1Visakhapatnam1

Key Topics

Section 26312Section 1488Section 1478Section 143(3)5Section 40A(3)2

AJMER DEVELOPMENT AUTHORITY,AJMER vs. CIT(EXEMPTION)/ ITO (EXEMPTION), JAIPUR / JODHPUR

In the result, the stay application filed by the assessee is dismissed

ITA 89/JODH/2022[2012-13]Status: DisposedITAT Jodhpur22 Mar 2023AY 2012-13

Bench: Shri Kul Bharatshri Manish Borad

Section 143(3)Section 147Section 263

u/s 147 was initiated. 6. Supporting Case Laws: 6.1 In case of CIT vs. Alagendran Finance Ltd, (2007) 211 CTR (SC) 69 (DPB 12-19) 20 | P a g e The Hon'ble Supreme Court, while dealing with more or less an identical issue of revisionary power exercised under s. 263 of the Act in respect of an assessment order

PREETI SINGHVI L/H SHRI AJAY SINGHVI,JODHPUR vs. ACIT, CIRCLE-3, JODHPUR

In the result, the appeal of the assessee is dismissed

ITA 152/JODH/2023[2012-13]Status: Disposed
ITAT Jodhpur
13 Oct 2023
AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: None (W/S)For Respondent: Ms. Nidhi Nair, JCIT-DR
Section 143(1)Section 143(3)Section 147Section 148Section 40A(3)

147 may not appear to be factually correct. The Assessing Officer has not applied his mind in issuance of notice u/s 148 and whatever, objected by the audit, added/disallowed. Therefore, reopening of assessment u/s 148/147 is illegal. 6.4.2 As per reassessment order, revenue audit objection party has raised the objection that assessee incurred expenditure on repair and maintenance 4 Preeti