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1 result for “reassessment u/s 147”+ Section 57clear

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Key Topics

Section 1474Section 143(3)3Section 1483

OM PRAAKSH SINGH,RANCHI vs. DCIT, CIRCLE-1, RANCHI

In the result, appeal filed by the assessee is allowed

ITA 361/RAN/2018[2009-10]Status: DisposedITAT Ranchi10 Sept 2020AY 2009-10

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Om Prakash Singh Vs. Dcit, Circle-1, Ranchi Sankalp, East Jail Road, Ranchi- 834001. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Agkps0300D (अपीलाथ" /Appellant) .. (""थ" / Respondent)

For Appellant: Shri Manjit Verma, A/RFor Respondent: Shri A. K. Mohanti, JCIT, Sr. DR
Section 142(1)Section 143(3)Section 147Section 148Section 234CSection 263Section 37(1)

Section 147 of the I.T. Act, 1961. Accordingly, the Notice u/s 148 was issued on 24.12.2014.” 4. During the course of assessment proceedings, the assessee vide notice u/s 142(1) along with detailed questionnaire dated 27.01.2016 was asked to furnish/give details of financial activities carried on during the relevant financial year; details of Bank accounts; allowability Security deposit debited