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2 results for “reassessment u/s 147”+ Rectification u/s 154clear

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Key Topics

Section 10A5Section 1475Section 143(3)4Section 1484Section 364Section 2602Reopening of Assessment2

The Commissioner of Income Tax vs. M/s Kaveri Bar AND Restaurant,

ITTA/575/2017HC Telangana03 Oct 2017

Bench: ABHINAND KUMAR SHAVILI,V RAMASUBRAMANIAN

Section 143(3)Section 147Section 148Section 36

u/s 36(i)(iii) instead of Rs. 13.04 crore in the assessment order has resulted in escapement of income amount of Rs. 4.06 crore (13.04 crore less 8.98 crore). In view of the same I have reasons to believe that income to the tune of Rs. 4.06 crore has escaped assessment for the AY 2010-11 and needs

COMMR OF INCOME TAX [TDS], HYDERABAD vs. M/S JAYADARSHINI HOUSING PVT LTD., HYDERABAD

Appeals are hereby dismissed by

ITTA/65/2014HC Telangana26 Mar 2025

P.SAM KOSHY,NARSING RAO NANDIKONDA

Bench:
Section 10Section 10ASection 143(3)Section 148Section 260

u/s 10A. Consequent short levy of tax and surcharge works out to Rs.1,76,39,326/-. Therefore, I have reasons to believe that income chargeable to tax has escaped assessment for the Ay 2003-04”. 14 As per Section 147 of the Act, if the Assessing Officer has reason to believe that any income chargeable to tax has escaped