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2 results for “reassessment”+ Section 148Aclear

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Key Topics

Section 103Section 148A2Section 10(1)2

AZIM PREMJI TRUSTEE COMPANY PVT LTD vs. DEPUTY COMMISSIONER OF INCOME TAX

In the result, I pass the following:-

WP/15910/2022HC Karnataka28 Oct 2022

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar

Section 143(3)Section 148Section 148ASection 56(2)

reassess the income in respect of any issue, which has escaped assessment, and such issue comes to his notice subsequently in the course of the proceedings under this section, irrespective of the fact that the provisions of section 148A

MR. JITENDRA VIRWANI vs. JOINT COMMISSIONER OF INCOME TAX

WP/17813/2021HC Karnataka22 Jul 2022

The Hon’Ble Mr. Justice B. M. Shyam Prasad

Bench:
Section 10Section 10(1)

148A of the IT Act and certain provisions in the Benami Transactions [Prohibition] Act, 1988. 10. Sri. Shashi Kiran Shetty submits that in the present case, with the decision in the proceedings before the ITAT, it is conclusively held that the concerned under the IT Act have failed to establish that the 16 petitioner is a "Beneficial Owner