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4 results for “reassessment”+ Section 40aclear

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Key Topics

Section 14711Section 143(3)7Section 1485Section 40A(3)4Section 40A(2)(b)3Reopening of Assessment3Addition to Income3Reassessment2Bogus Purchases

SMT. L SUDHA BALA, L/R OF LATE SRI L.NARSA REDDY,GUNTUR vs. THE DCIT, SPECIAL RANGE GUNTUR, GUNTUR

In the result, the appeals of the assessee are dismissed

ITA 260/VIZ/2012[1984-85]Status: DisposedITAT Visakhapatnam07 Dec 2018AY 1984-85

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.260 & 261/Viz/2012 (धििाारण िर्ा/ Assessment Years :1984-85 & 1985-86 Respectively) L.Sudha Bala Vs. Dy.Commissioner Of L/R Of Late Sri L Narasa Reddy Income Tax Prop.Sri Venkateswara Agro Chemicals Special Range Industries Guntur 2-14-101, Syamala Nagar 2Nd Lane, Guntur [Pan : Acgpl2351P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri C.Subrahmanyam, ARFor Respondent: Smt. Suman Malik, DR
Section 143(3)Section 147Section 148Section 40A(3)

reassessment proceedings were initiated. Ld.A.R. accordingly argued that the assessment made u/s 147 r.w.s. 143(3) and the additions made on account of bogus purchases and the disallowance u/s 40A(3) in the assessment made u/s 143(3) required to be deleted. The Ld.AR also relied on the decision of Hon’ble Jurisdictional High Court of A.P. and Telangana

2

SMT. L SUDHA BALA, L/R OF LATE SRI L.NARSA REDDY,GUNTUR vs. THE DCIT, SPECIAL RANGE GUNTUR, GUNTUR

In the result, the appeals of the assessee are dismissed

ITA 261/VIZ/2012[1985-86]Status: DisposedITAT Visakhapatnam07 Dec 2018AY 1985-86

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.260 & 261/Viz/2012 (धििाारण िर्ा/ Assessment Years :1984-85 & 1985-86 Respectively) L.Sudha Bala Vs. Dy.Commissioner Of L/R Of Late Sri L Narasa Reddy Income Tax Prop.Sri Venkateswara Agro Chemicals Special Range Industries Guntur 2-14-101, Syamala Nagar 2Nd Lane, Guntur [Pan : Acgpl2351P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri C.Subrahmanyam, ARFor Respondent: Smt. Suman Malik, DR
Section 143(3)Section 147Section 148Section 40A(3)

reassessment proceedings were initiated. Ld.A.R. accordingly argued that the assessment made u/s 147 r.w.s. 143(3) and the additions made on account of bogus purchases and the disallowance u/s 40A(3) in the assessment made u/s 143(3) required to be deleted. The Ld.AR also relied on the decision of Hon’ble Jurisdictional High Court of A.P. and Telangana

THE ACIT., VIJAYAWADA vs. M/S. KRNTI ROAD TRANSPORT PVT. LTD., VIJAYAWADA

In the result, the appeal of the revenue is dismissed

ITA 375/VIZ/2016[2009-2010]Status: DisposedITAT Visakhapatnam16 Mar 2018AY 2009-2010

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

For Appellant: Shri P.S. Murthy DRFor Respondent: Shri G.V.V. Satyanarayana
Section 143(3)Section 147Section 40A(2)(b)

section 40A(2)(b) of the Act. The reassessment proceedings were completed by the A.O. u/s 143(3) r.w.s. 147 of the Act after

IRRI SURYA PRAKASH RAO,NIDADAVOLE vs. THE INCOME TAX OFFICER, WARD-2,, TANUKU

In the result, appeal of the assessee is allowed for statistical purpose

ITA 358/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam03 Jun 2020AY 2009-10

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकरअपीलसं./I.T.A.No.358/Viz/2019 (ननधधारणवर्ा/Assessment Year:2009-10) Irri Surya Prakash Rao Vs Income Tax Officer S/O Veerraju Ward-2, Tanuku Jaggery Merchant Nidadavole [Pan : Aaepi2478N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 03.06.2020 घोर्णध की तधरीख/Date Of Pronouncement : 05.06.2020 आदेश /O R D E R Per Shri D.S.Sunder Singh: This Appeal Is Filed By The Assessee Against The Order Of The Commissioner Of Income Tax (Appeals) [Cit(A)]-11, Hyderabad In Appeal No.213/2017-18/Cit(A)-11/Hyd Dated 28.02.2019 For The Assessment Year (A.Y.) 2009-10. 2

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Smt Suman Malik, DR
Section 143(3)Section 147Section 148Section 194CSection 194HSection 40A(3)

section 40A(3) of the Income Tax Act, 1961 [in short ‘Act’] by issue of notice u/s 148 of the Act. The reassessment