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3 results for “reassessment u/s 147”+ Section 80P(2)(a)clear

Sorted by relevance

Mumbai35Hyderabad25Chennai17Jaipur17Ahmedabad14Bangalore12Delhi10Pune7Jodhpur6Cochin6Visakhapatnam5Surat5Amritsar4Karnataka4Kolkata3Panaji2Chandigarh2Nagpur2Rajkot2Cuttack1

Key Topics

Section 115J5Section 143(3)3Section 2502Section 1482Section 80P(2)(a)2Undisclosed Income2Limitation/Time-bar2Condonation of Delay2

PURULIA CENTRAL CO-OPERATIVE BANK LTD. ,PURULIA vs. ACIT, CIR. 3, PURULIA

In the result, the appeal of the assessee is allowed

ITA 3/KOL/2021[2006-07]Status: DisposedITAT Kolkata11 Jul 2023AY 2006-07

Bench: Shri Rajpal Yadav, Vice- & Shri Rajesh Kumar

Section 142(1)Section 143(2)Section 143(3)Section 148Section 80Section 80P(2)(a)

80P(2)(a)(i) of the I T Act and the same amount has escaped assessment. The aforesaid facts lead to formation of reasonable cause to believe that income chargeable to tax on the above reasons has escaped assessment. Accordingly proposal for approval to issue notice U/s 148 of the I T Act is sent to Ld. CIT, Asansol through

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

ITA 1697/KOL/2019[2014-15]Status: DisposedITAT Kolkata20 Jan 2026AY 2014-15

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

Section 115JSection 250

147 ITD 323 wherein it was held that such mark to market losses are allowable. Further the same stands allowable in view of the decision of Mumbai Special Bench in case of DCIT-vs-Bank of Bahrain & Kuwait [6 taxman.com 110]." I have perused the fact of the case and submission made by the appellant I agree with the view

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

ITA 622/KOL/2018[2011-12]Status: DisposedITAT Kolkata20 Jan 2026AY 2011-12

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

Section 115JSection 250

147 ITD 323 wherein it was held that such mark to market losses are allowable. Further the same stands allowable in view of the decision of Mumbai Special Bench in case of DCIT-vs-Bank of Bahrain & Kuwait [6 taxman.com 110]." I have perused the fact of the case and submission made by the appellant I agree with the view