229 results for “reassessment u/s 147”+ Addition to Incomeclear
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Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]
reassessment made u/s 147r.w.s. 143(3) is valid. 5.1. With regard to invoking the jurisdiction u/s 147instead of 153C, the Ld.CIT(A) observed that the AO had relied on the information furnished by Shri M.Vijaya Kumar, M.D. of Navya Group on 10.04.2014 in the statement recorded u/s 132(4) and also the statement of Shri K.Subba Raju