KAILASH KANHAIYALAL GIDWANI (HUF),,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -2, , SANGLI
In the result, the appeal of the assessee in ITA No
ITA 1743/PUN/2019[2009-10]Status: DisposedITAT Pune04 Feb 2020AY 2009-10
Bench: Shri D. Karunakara Rao, Am आयकर अपील सं. / Ita Nos.1740, 1741, 1742 & 1743/Pun/2019 िनधा"रण वष" / A. Ys. : 2005-06, 2006-07, 2008-09 & 2009-10 Kailash Kanhaiyalal Gidwani (Huf), City Survey No.341, Laxmi Bungalow, Revenue Colony, South Shivajinagar, Sangli-416416. .......अपीलाथ" / Appellant Pan : Aadhk3800M बनाम / V/S. Acit, Circle-2, ……""यथ" / Respondent Sangli. Assessee By : Shri Sunil Ganoo Revenue By : Shri S. P. Walimbe सुनवाई क" तारीख / Date Of Hearing : 28.01.2020 घोषणा क" तारीख / Date Of Pronouncement : 04.02.2020 आदेश / Order Per D. Karunakara Rao, Am: There Are Four Appeals Under Consideration. All The Four Appeals Are Directed Against The Common Orders Of The Cit(A)-1, Kolhapur Dated 28.08.2019 For The Assessment Years 2005-06, 2006-07, 2008-09 & 2009-10 Respectively. Since The Facts & Issues Are Common In Both The Appeals, Therefore, These Were Heard Together & Are Being Disposed Of By This Composite Order.
For Appellant: Shri Sunil GanooFor Respondent: Shri S. P. Walimbe
Section 143(3)Section 148Section 68
reassessment proceedings u/s 147/148 of the Act.
The law on re-opening of an assessment under the Act, is fairly settled. The Assessing Officer can re-open an assessment only in accordance with the express provisions provided in Section 147/148 of the Act. It is only on the Assessing Officer strictly satisfying the provisions of Section 147
