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5 results for “reassessment u/s 147”+ Section 129clear

Sorted by relevance

Delhi338Mumbai206Bangalore148Chennai97Jaipur85Ahmedabad54Raipur44Kolkata41Indore28Rajkot26Cuttack22Telangana22Lucknow21Pune21Guwahati19Jodhpur18Nagpur14Amritsar14Chandigarh14Surat12Patna6Karnataka5Allahabad4Kerala3Hyderabad2Orissa2Visakhapatnam2Varanasi2Rajasthan1Uttarakhand1SC1Panaji1

Key Topics

Section 14828Section 1478Section 1434Section 2603Section 148(2)3Exemption3Reopening of Assessment3Section 282Section 2(22)(e)

M/S T T K PRESTIGE LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

WP/30388/2015HC Karnataka10 Aug 2018

Bench: The Hon’Ble Mrs.Justice S.Sujatha

Section 143Section 147Section 148

129 (Delhi). In the last decision it has been observed (page 135): “The Revenue had the option, but did not take recourse to Section 263 of the Act, inspite of audit objection. Supervisory and revisionary power under Section 263 of the Act is available, if an order passed by the Assessing Officer is erroneous and prejudicial to the interest

THE SRI KANNIKAPARAMESWARI CO OP BANK LIMITED vs. THE INCOME TAX OFFICER

The appeal stands allowed

ITA/65/2017HC Karnataka23 Nov 2021

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

2
Section 143(3)2
Capital Gains2
Long Term Capital Gains2
Section 143(1)Section 143(3)Section 147Section 148Section 260Section 260ASection 80P(2)Section 80P(2)(a)

129 (Delhi). In the last decision it has been observed (page 135): “The Revenue had the option, but did not take recourse to Section 263 of the Act, inspite of audit objection. Supervisory and revisionary power under Section 263 of the Act is available, if an order passed by the Assessing Officer is erroneous and prejudicial to the interest

P VIKRAM MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

WP/11385/2016HC Karnataka05 Nov 2019

Bench: S.SUJATHA

Section 143Section 148Section 28

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, notwithstanding that the reasons for such issue have not been included in the reasons recorded under sub-section [2] of section 148. Explanation 4. – For the removal of doubts

P ARVIND MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

WP/12118/2016HC Karnataka05 Nov 2019

Bench: S.SUJATHA

Section 143Section 148Section 28

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, notwithstanding that the reasons for such issue have not been included in the reasons recorded under sub-section [2] of section 148. Explanation 4. – For the removal of doubts

SHRI. SUMIR J. HINDUJA vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, appeal is disposed of

ITA/7/2017HC Karnataka02 Aug 2021

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

Section 147Section 148(2)Section 2(22)(e)Section 260

147 are satisfied? (5) Whether on the facts and in the circumstances of the case, there was any reliable and cogent material in the recording u/s 148(2) of the Assessing Officer to initiate reassessment proceedings? (6) Whether on the facts and circumstances of the case the funds provided to the associate concerns by GIP Ltd as per the terms