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2 results for “reassessment”+ Section 269Tclear

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Key Topics

Section 2638Section 1476Section 269S2Section 271D2Section 143(3)2Section 1482Cash Deposit2Penalty2

MOHAMMED GYASUDDIN,KOLKATA vs. ACIT, CIR.-30, KOLKATA

In the result, the appeal filed by the assessee is allowed

ITA 570/KOL/2020[2011-12]Status: DisposedITAT Kolkata16 May 2024AY 2011-12

Bench: Sri Sanjay Garg & Sri Sanjay Awasthi

Section 143(3)Section 147Section 148Section 263Section 269SSection 271D

269T read with Section 271D & 271E of the Act respectively. 3. Subsequently, the ld. Pr. CIT issued a notice u/s 263 of the Act dated 28.11.2019 whereby he indicated that Rs. 1,77,84,300/- was never verified from the angle of genuineness of transaction by ld. AO and hence, proceedings u/s 263 of the Act were merited. 3.1. After

MOHAMMED GYASUDDIN,KOLKATA vs. ACIT, CIR.-30, KOLKATA

In the result, the appeal filed by the assessee is allowed

ITA 571/KOL/2020[2012-12]Status: DisposedITAT Kolkata16 May 2024AY 2012-12

Bench: Sri Sanjay Garg & Sri Sanjay Awasthi

Section 143(3)Section 147Section 148Section 263Section 269SSection 271D

269T read with Section 271D & 271E of the Act respectively. He, however, accepted the taxable income at Rs. 37,84,930/-, as in the original assessment order dated 23.03.2015. Page 2 of 15 I.T.A. No.: 571/KOL/2020 Assessment Year: 2012-13 Mohammed Gyasuddin. 3. Subsequently, the ld. Pr. CIT issued a notice u/s 263 of the Act dated 28.11.2019 whereby