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4 results for “reassessment”+ Section 55Aclear

Sorted by relevance

Delhi21Mumbai11Pune10Bangalore9Surat9Raipur8Amritsar5Jaipur5Ahmedabad4Kolkata4Lucknow4Indore3Chennai2Agra1Cuttack1

Key Topics

Section 143(3)4Section 1473Capital Gains3Addition to Income3Section 55A2Section 50C(1)2

BIMLA DEVI AGRAWAL,KOLKATA vs. A.C.I.T./D.C.I.T., CIRCLE - 34, KOLKATA, KOLKATA

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

ITA 1690/KOL/2024[2017-2018]Status: DisposedITAT Kolkata31 Oct 2025AY 2017-2018

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 142(1)Section 143(2)Section 143(3)Section 153Section 155(15)Section 250

55A can be made for a limited purpose as prescribed under section 50C. {emphasis supplied}. 6.2. It is seen from records and the Paper Books filed in the present case, the Assessing Officer referred the transaction to the Valuation Officer, Sholapur under section 142A on 09.11.2017 to ascertain the Fair Market Value as on the date of sale. The Valuation

SHASHI SHEKHAR SARAF (L.R. OF LATE SHRI RAM AWATAR SARAF),KOLKATA vs. ACIT, CIRCLE - 45, , KOLKATA

In the result, the appeal of the assessee is allowed

ITA 2314/KOL/2018[2011-12]Status: DisposedITAT Kolkata01 Oct 2019AY 2011-12
For Appellant: Shri Miraj D. Shah, ARFor Respondent: Shri K. Nath, Addl. CIT, Sr. DR
Section 147

section 55A(a) was not justified - Held, yes - Whether in face of clear position in law, CBDT circular dated 25-11-1972 can have no application as understanding of statutory provisions by revenue as found in circular issued by CBDT is not binding upon assessee and it is open to an assessee to contend to contrary - Held, yes [Paras

A.C.I.T.,CENTRAL CIRCLE-1(2), KOLKATA vs. M/S ESTIN TIE UP PVT. LTD., KOLKATA

In the result, the two cross appeals filed by the assessee as well as the Revenue are partly allowed for statistical purposes

ITA 141/KOL/2020[2013-14]Status: DisposedITAT Kolkata20 Nov 2025AY 2013-14

Bench: Shri Duvvuru Rl Reddy & Shri Rakesh Mishra

Section 143(3)Section 50C(1)Section 55A

55A of the Act read with 1st and 2nd proviso of section 50C(1) of the Act for determining the value of the property as on 20.01.2009 as well as FY 2012-13 for the purpose of cost of acquisition and sale value consideration and erring in law as well as on facts of the case to appreciate that

M/S ESTIN TIE UP PVT. LTD.,KOLKATA vs. A.C.I.T., CENTRAL CIRCLE-1(2), KOLKATA

In the result, the two cross appeals filed by the assessee as well as the Revenue are partly allowed for statistical purposes

ITA 32/KOL/2020[2013-14]Status: DisposedITAT Kolkata20 Nov 2025AY 2013-14

Bench: Shri Duvvuru Rl Reddy & Shri Rakesh Mishra

Section 143(3)Section 50C(1)Section 55A

55A of the Act read with 1st and 2nd proviso of section 50C(1) of the Act for determining the value of the property as on 20.01.2009 as well as FY 2012-13 for the purpose of cost of acquisition and sale value consideration and erring in law as well as on facts of the case to appreciate that