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1 result for “reassessment u/s 147”+ Section 129clear

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Key Topics

Section 1475Section 143(3)4

M/S KAMAT REAL ESTATE DEVELOPERS,,PANAJI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), PANAJI., PANAJI

In the result, appeal of the Assessee is allowed

ITA 336/PAN/2018[2005-06]Status: DisposedITAT Panaji17 Aug 2022AY 2005-06

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

For Appellant: Sh Sandip Bhandare, C.AFor Respondent: Sh Mayur Kamble, Sr. D.R
Section 142(1)Section 143(1)Section 143(3)Section 147Section 148

129 dated 18.07.2007, the Authorised Representative of the assessee-firm appeared before A.O. and produced books of account and other details from time to time. The A.O. completed the assessment under section 143(3) of the I.T. Act, 1961 and determined the total income of the assessee at Rs.97,88,110/- [rounded-off] vide order dated 26.12.2007. 2.1. Subsequently