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2,540 results for “reassessment u/s 147”+ Depreciationclear

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Mumbai695Delhi457Chennai302Bangalore251Kolkata132Jaipur123Ahmedabad92Raipur59Hyderabad52Pune46Indore43Amritsar42Chandigarh38Lucknow30Cuttack26Visakhapatnam22Surat21Karnataka17Rajkot17Cochin13Jodhpur13Guwahati9Panaji8Nagpur7Patna4SC4Agra4Kerala3Jabalpur3Varanasi2Dehradun2Ranchi1Calcutta1Telangana1

Key Topics

Section 143(3)126Section 148121Section 147119Addition to Income68Section 153A61Section 14A39Reopening of Assessment37Reassessment33Disallowance33

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

depreciation on the same) 4. Aggrieved, the assessee carried the matter in appeal before the CIT(Appeals), wherein the latter observed that after framing the impugned assessment u/s. 143(3) of the Act, dated 29.11.2007, the income of the 4 DCIT, Circle-4(1), Raipur Vs. M/s. Chhattisgarh State Electricity Board assessee company was reassessed vide order passed

Showing 1–20 of 2,540 · Page 1 of 127

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Depreciation32
Section 115J29
Section 26327

M/S. INDIA EXPOSITION MART LTD.,NEW DELHI vs. DCIT, NEW DELHI

ITA 1079/DEL/2016[2009-10]Status: DisposedITAT Delhi12 Aug 2025AY 2009-10
Section 139(1)Section 147Section 148

U/s 147 of IT Act are reproduced as under for ready reference:\n\n\"Income escaping assessment.\n147. If the Assessing Officer has reason to believe that any income\nchargeable to tax has escaped assessment for any assessment year, he\nmay, subject to the provisions of sections 148 to 153, assess or reassess\nsuch income and also any other income

THE GATE OF HOPE CHARITABLE TRUST,CHENNAI vs. ITO (EXEMPTIONS) WARD-2,, CHENNAI

The appeals of the assessee are allowed

ITA 2006/CHNY/2024[2011-12]Status: DisposedITAT Chennai05 Mar 2025AY 2011-12

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Ms. T.V.Muthu AbiramiFor Respondent: Ms. Anitha, Addl.CIT
Section 11Section 12ASection 147Section 80G

u/s. 143(2) of the Act, therefore originally, no scrutiny assessment was framed. Therefore, the originally, no scrutiny assessment was framed. Therefore, the originally, no scrutiny assessment was framed. Therefore, the return of income income income filed filed filed by by by assessee assessee assessee stood stood stood accepted accepted accepted by by by the the the Department. Department. Department

THE GATE OF HOPE CHARITABLE TRUST,,CHENNAI vs. ITO(E), WARD-2,, CHENNAI

The appeals of the assessee are allowed

ITA 1372/CHNY/2024[2010-11]Status: DisposedITAT Chennai05 Mar 2025AY 2010-11

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Ms. T.V.Muthu AbiramiFor Respondent: Ms. Anitha, Addl.CIT
Section 11Section 12ASection 147Section 80G

u/s. 143(2) of the Act, therefore originally, no scrutiny assessment was framed. Therefore, the originally, no scrutiny assessment was framed. Therefore, the originally, no scrutiny assessment was framed. Therefore, the return of income income income filed filed filed by by by assessee assessee assessee stood stood stood accepted accepted accepted by by by the the the Department. Department. Department

ASHOK SHARMA,KOTA vs. DY. COMMISSIONER OF INCOME TAX CIRCLE-2 - KOTA, KOTA

ITA 359/JPR/2024[2014-2015]Status: DisposedITAT Jaipur29 Nov 2024AY 2014-2015
For Appellant: Shri Priyank Kabra (C.A.) (V.C.)For Respondent: Shri Anup Singh (Addl.CIT)
Section 143(3)Section 147Section 40A(3)

147\nThe 2nd last para of the 1st page of the Jurisdictional AO's report is a para numbered (i),\nwhich deals with the limitation aspect, does not anywhere contradicts the proviso to\nsection 147 that restricts the ld. AO to take action u/s 147 after a lapse of four years if the\nassessment u/s 143(3) has earlier been

EBRAHIM ESSA DEVELOPERS PRIVATE LIMITED,MUMBAI vs. ITO-9(2)(4), MUMBAI, MUMBAI

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

ITA 1188/MUM/2024[2012-13]Status: DisposedITAT Mumbai11 Dec 2024AY 2012-13

Bench: Shri Om Prakash Kant () & Shri Rahul Chaudhary () Assessment Year: 2012-13 Ebrahim Essa Developers Pvt. Ltd., Ito-9(2)(4), 115 Dathawala Wstate, Sv Road, Aayakar Bhavan, Vs. Jogeshwari West, 400 102. Mumbai-400020. Pan No. Aacce 4720 E Appellant Respondent

For Appellant: Mr. Hemanshu Joshi, DRFor Respondent: Mr. Prateek Jain
Section 147Section 148Section 68

147 of Income Tax Act, 1961. 3. On the facts and circumstances of the Appellant's case and in law 3. On the facts and circumstances of the Appellant's case and in law 3. On the facts and circumstances of the Appellant's case and in law the Ld. CIT(A) erred i the Ld. CIT(A) erred

JCIT CENT. CIR. - 1(4), MUMBAI vs. GRASIM INDUSTRIES LTD, MUMBAI

In the result, the appeals of the Revenue are dismissed

ITA 1557/MUM/2018[2008-09]Status: DisposedITAT Mumbai31 May 2023AY 2008-09

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale ()

For Appellant: Mr. Yogesh Thar/ Ms. AyushiFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 148Section 153C

reassessment proceedings as got abated and he issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on Grasim Industries Ltd. 5 ITA Nos. No. 1053 to 1055/M/2018 and ors. 1053 to 1055/M/2018 and ors. 26.11.2014 requiring the assessee to file

GRASIM INDUSTRIES LTD,MUMBAI vs. DCIT CENT. CIR. - 1(4), MUMBAI

In the result, the appeals of the Revenue are dismissed

ITA 1053/MUM/2018[2008-09]Status: DisposedITAT Mumbai31 May 2023AY 2008-09

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale ()

For Appellant: Mr. Yogesh Thar/ Ms. AyushiFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 148Section 153C

reassessment proceedings as got abated and he issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on Grasim Industries Ltd. 5 ITA Nos. No. 1053 to 1055/M/2018 and ors. 1053 to 1055/M/2018 and ors. 26.11.2014 requiring the assessee to file

GRASIM INDUSTRIES LTD,MUMBAI vs. DCIT CENT. CIR. - 1(4), MUMBAI

In the result, the appeals of the Revenue are dismissed

ITA 1054/MUM/2018[2009-10]Status: DisposedITAT Mumbai31 May 2023AY 2009-10

Bench: Shri Om Prakash Kant () & Shri Pavan Kumar Gadale ()

For Appellant: Mr. Yogesh Thar/ Ms. AyushiFor Respondent: Dr. Kishor Dhule, CIT-DR
Section 148Section 153C

reassessment proceedings as got abated and he issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on issued notice u/s 153C r.w.s. 153A of the Act, on Grasim Industries Ltd. 5 ITA Nos. No. 1053 to 1055/M/2018 and ors. 1053 to 1055/M/2018 and ors. 26.11.2014 requiring the assessee to file

M/S VINAYAK FINANCIAL CONSULTANTS PRIVATE LIMITED,KOLKATA vs. D.C.I.T., CENTRAL CIRCLE-4(1), KOLKATA

In the result, appeal of the assessee is partly allowed for statistical\npurposes

ITA 2695/KOL/2024[2013-14]Status: DisposedITAT Kolkata10 Jul 2025AY 2013-14
Section 139(1)Section 143(1)Section 147Section 148

u/s 148 in\nthis case has been issued on assumption, surmises and conjecture and on\nsuspicion for making further verification and fishing enquiries to find out whether\nthere is any escapement of Income I which exercise is required before issuance of\nthe Notice w's 148) and Initiation of reassessment proceedings on such suspicion\n\nPage 15\n\n8\nITA

DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH vs. WINSOME TEXTILE INDUSTRIES LTD, CHANDIGARH

ITA 556/CHANDI/2024[2011-12]Status: DisposedITAT Chandigarh27 Feb 2025AY 2011-12
For Respondent: \nThe DCIT
Section 115JSection 143(1)Section 143(3)Section 148

u/s 147 and 143(3) for A. Ys.2011-12 to\n2014-15.\nIn this regard, it is pertinent to mention here the provisions of Section 147 which\nreads as under:\n\"If the assessing office has reason to believe that any income chargeable to tax\nhas escaped assessment for any assessment year, he may, subject to the\nprovisions of Section

AMBUJA CEMENT INDIA P.LTD,MUMBAI vs. ASST CIT CIR 3(1), MUMBAI

In the result appeal of the assessee is allowed as indicated above

ITA 2600/MUM/2014[2005-06]Status: DisposedITAT Mumbai27 Aug 2018AY 2005-06

Bench: Shri Joginder Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.2600/Mum/2014 (नििाारण वर्ा / Assessment Year : 2005-06)

For Appellant: Shri. Soumen Adak &For Respondent: Shri Satish Chandra Rajore
Section 143Section 143(3)Section 147Section 14ASection 234B

u/s 147 is time barred : At the outset, it is pertinent to note the provisions of section 147 which provides as under: "If the Assessing Officer has reason to believe that any income chargeable to tax has escaped assessment for any assessment year, he may, subject to the provisions of sections 148 to 153, assess or reassess such income

ANISH KUMAR WIFE TRUST,CHENNAI vs. ITO, NCW - 11 (1),, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3251/CHNY/2019[2014-15]Status: DisposedITAT Chennai10 Mar 2021AY 2014-15

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ANISH KUMAR FEMALE CHILD TRUST,CHENNAI vs. ITO, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3252/CHNY/2019[2013-14]Status: DisposedITAT Chennai10 Mar 2021AY 2013-14

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ARCHANA FEMALE CHILD TRUST,CHENNAI vs. ITO, NCW - 11 (1),, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3250/CHNY/2019[2014-15]Status: DisposedITAT Chennai10 Mar 2021AY 2014-15

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ANISH KUMAR EDUCATION TRUST,CHENNAI vs. ITO, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3254/CHNY/2019[2013-14]Status: DisposedITAT Chennai10 Mar 2021AY 2013-14

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ANISH KUMAR FEMALE CHILD TRUST,CHENNAI vs. ITO, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3253/CHNY/2019[2014-15]Status: DisposedITAT Chennai10 Mar 2021AY 2014-15

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ANISHKUMAR MALE CHILD TRUST,CHENNAI vs. ITO, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3257/CHNY/2019[2014-15]Status: DisposedITAT Chennai10 Mar 2021AY 2014-15

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

M/S. ANISHKUMAR MALE CHILD TRUST,CHENNAI vs. ITO, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3256/CHNY/2019[2013-14]Status: DisposedITAT Chennai10 Mar 2021AY 2013-14

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions

ANISH KUMAR MARRIAGE TRUST,,CHENNAI vs. ITO, NCC - 11 (1),, CHENNAI

In the result, the appeals of the assessees are dismissed

ITA 3258/CHNY/2019[2013-14]Status: DisposedITAT Chennai10 Mar 2021AY 2013-14

Bench: Shri Mahavir Singhand Shri G. Manjunatha

Section 147Section 246A

u/s 147 in the first place in this case and therefore appealing against such “order” is legally untenable and invalid to begin with. 8. Now, Sec. 147 under the heading “income escaping assessment” states that: “if the AO has reason to believe that any income chargeable to tax has escaped assessment for any AY he may subject to the provisions