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1 result for “reassessment”+ Section 801A(7)clear

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Key Topics

Section 143(3)5Section 1473Section 80I2Section 1482

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 4(1), RAIPUR vs. MESERSS CHHATTISGARH STATEELECTRICITY BOARD, RAIPUR

ITA 31/RPR/2020[2006-07]Status: DisposedITAT Raipur25 Sept 2023AY 2006-07

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No.31/Rpr/2020 "नधा"रण वष" / Assessment Year : 2006-07 The Deputy Commissioner Of Income Tax, Circle-4(1), Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Chhattisgarh State Electricity Board (Through Chhattisgarh State Power Holding Company Limited) Dangania Raipur Pan : Aabcc7876Q ……""यथ" / Respondent

For Appellant: S/shri Praveen Khandelwal & PraveenFor Respondent: Dr. Simran Bhullar, CIT-DR
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 80I

Section 147 of the Act. Notice u/s 148 of the Act, dated 07.01.2008 was issued to the assessee company. In compliance, the assessee company filed its return of income wherein its initially returned income (gross) was increased by Rs.19.06 Crores (supra). The assessee company claimed that the amount of Rs. 19.06 Crores (supra) had inadvertently remained omitted to be considered