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3 results for “reassessment”+ Section 155clear

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Key Topics

Section 1474Section 124Section 2603Addition to Income3Reopening of Assessment2Reassessment2

THE PR. COMMISSIONER OF INCOME TAX vs. M/S BIOPLUS LIFE SCIENCES PVT LTD

In the result, I pass the following:-

ITA/1014/2017HC Karnataka24 Jul 2018

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar Writ Petition No.1014 Of 2017 (T-Kst) Between: M/S. Rainbow Colour Lab, No.13, D.J.C. Complex, Hudson Circle, Bengaluru – 560 027. A Partnership Firm Represented By Its Partner Sri.G.K.Madan Mohan, Aged About 62 Years, S/O Sri.G.V.Krishna Reddy. ...Petitioner (By Sri. M.Thirumalesh, Advocate ) And: 1. State Of Karnataka

Section 12

reassessment to give effect to an order of competent court, would mean an order passed under the sales tax law and not under any other Act. 6. In S.C. Prashar v. Vasantsen Dwarkadas, [1963] 49 ITR 1 (SC), Godbole (P.V.), Income-tax Officer v. Jagannath Fakirchand, [1963] 49 ITR 88 (SC) and Commissioner of Income-tax v. Sardar Lakhmir Singh

THE COMMISSIONER OF INCOME TAX-III vs. SMT.KAMAKSHI DEVI

In the result, the appeal of the assessee is

WTA/1/2014HC Karnataka
30 Aug 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 143(1)Section 143(2)Section 147Section 148Section 260Section 260A

reassess such income and also any other income chargeable to tax which has escaped assessment and which comes to his notice subsequently in the course of the proceedings under this section, or recompute the loss or the depreciation allowance or any other allowance, as the case may be, for the assessment year concerned (hereafter in this section and in sections

THE PR COMMISSIONER OF INCOME TAX vs. M/S KWALITY BISCUITS PVT LTD

The appeal is disposed of with liberty as prayed for by the learned

ITA/155/2023HC Karnataka30 Sept 2024

Bench: S.G.PANDIT,C.M. POONACHA

Section 147Section 260

155 of 2023 “1. Whether under the facts and circumstances of the case, the Tribunal was correct in giving relief to the assessee on the ground of reopening of assessment u/s 147 of the Income Tax Act, 1961 considering it as change of opinion and stating that the financial statements of the assessee, details of sale value etc, have already