Section 153B(1)(b) of the Income Tax Act

The decision most relied on for Section 153B(1)(b) is CIT v. Hero Cycles (P.) Ltd. (228 ITR 463), cited in 262 of the 59 judgments on BharatTax that turn on this section.

Leading authorities on Section 153B(1)(b)

CIT v. Hero Cycles (P.) Ltd.
228 ITR 463 · 1997 · Supreme Court
262
citing judgments

A point not examined on facts or in law cannot be treated as a mistake apparent on record for rectification purposes.

Brij Bhushan Lal Paraduman Kumar v. CIT
115 ITR 524 · 1978 · Supreme Court
113
citing judgments

The Supreme Court holds that an Assessing Officer, when making a best judgment assessment or estimating income, must act fairly, honestly, and rationally, basing the estimation on available material and avoiding arbitrary or capricious decisions. Adherence to natural justice principles is crucial during assessment proceedings.

Taparia Tools Ltd. v. JCIT
260 ITR 102 · 2003 · High Court
74
citing judgments

Under the mercantile system of accounting, revenue and expenses are matched on an accrual basis, comparing income earned and expenses incurred irrespective of cash flow. If the Department seeks to substitute an assessee's chosen method of accounting, the burden is on the Department to prove that the existing method is incorrect or distorts profits.

Manjusha Estates (P) Ltd. v. ITO
393 ITR 644 · 2017 · High Court
18
citing judgments
CIT v. Banjara 44. Developers & Constructions (P.) Ltd.
117 Taxmann.com 747 · 2020 · High Court
12
citing judgments
CIT v. Hynuop
290 ITR 702 · 2007 · High Court
11
citing judgments
CIT v. Ankleshwar Taluka ONGC Land Loser Travellers Co-operative Society
362 ITR 92 · 2014 · High Court
9
citing judgments
Karnataka in CIT v. Smt. Annapoornamma Chandrashekar
204 Taxmann 158 · 2012 · Reported
7
citing judgments
Sudesh Teneja v. ITO
442 ITR 289 · 2022 · High Court
6
citing judgments
Mahaveer Kumar Jain v. CIT
165 DTR 113 · 2018 · Supreme Court
4
citing judgments

Judgments on Section 153B(1)(b)

SH. DHAN SINGH MEENA, DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOTA, KOTA vs. SRISHTI ASSOCIATES, KOTA

13. In view of the above discussion, reasons and findings, present appeal filed by the department deserves to be dismissed

ITA 1189/JPR/2025[2018-19]Status: HeardITAT Jaipur17 Dec 2025AY 2018-19

Bench: SMT. ANNAPURNA GUPTA (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri S.L. Poddar, AdvFor Respondent: Shri Rajesh Ojha, CIT
Section 115BSection 131Section 132(1)Section 132(4)Section 139Section 143(2)Section 143(3)Section 153CSection 154Section 250

MARIGOLD MERCHANDISE PRIVATE LIMITED ,DELHI vs. ACIT, CENTRAL CIRCLE-2, FARIDABAD

In the result, Appeal of the Assessee is partly allowed

ITA 1256/DEL/2025[2012-13]Status: DisposedITAT Delhi26 Nov 2025AY 2012-13

Bench: Shri S. Rifaur Rahman & Shri Yogesh Kumar U.S.M/S Marigold Merchandise Vs Assistant Commissioner Of Private Limited Income Tax, Central Circle-Ii, Shop No. 4/36, Dda Market, Faridabad, Haryana-121001 Dakshin Puri Extension, New Delhi-110062 Pan: Aaecm0483E Appellant Respondent Assessee By Sh. S. S. Nagar, Ca Revenue By Ms. Suman Malik, Cit(Dr) Date Of Hearing 08/09/2025 Date Of Pronouncement 26/11/2025 Order

Section 143(2)Section 147Section 148Section 151Section 153C

SH. SATISH KUMAR,PANCHKULA vs. DCIT, CENTRAL CIRCLE -1,, CHANDIGARH

The appeal stands partly allowed

ITA 6/CHANDI/2022[2017-18]Status: DisposedITAT Chandigarh13 Oct 2025AY 2017-18

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकर अपील सं./ Ita No.6/Chandi/2022 (िनधा"रण वष" / Assessment Year: 2017-18) Shri Satish Kumar Dcit-Central Circle-1 बनाम/ (C/O Parikshit Aggarwal (Ca) Sector-17 House No. 1238, Sector 22B Chandigarh-160017 Vs. Chandigarh-160022 "ायीलेखासं./जीआइआरसं./Pan/Gir No. Adrpk-8845-P (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal (Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Geetinder Mann (Cit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 09-10-2025 घोषणाकीतारीख /Date Of Pronouncement : 13/10/2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeal By Assessee For Assessment Year (Ay) 2017-18 Arises Out Of An Order Of Learned Commissioner Of Income Tax (Appeals)- 3, Gurgaon [Cit(A)] Dated 10-11-2021 In The Matter Of An Assessment Framed By Ld. Assessing Officer [Ao] U/S. 143(3) R.W.S. 153B(1)(B) Of The Act On 26-12-2018. The Sole Grievance Of The Assessee Is Application Of Higher Rate Of Tax @60% U/S 115Bbe. Having Heard Rival Submissions & Upon Perusal Of Case Records, The Appeal Is Disposed-Off As Under.

For Appellant: Shri Parikshit Aggarwal (CA) – Ld. ARFor Respondent: Smt. Geetinder Mann (CIT) -Ld. DR
Section 115BSection 132Section 139(1)Section 143(3)

SH. DEEPAK AGGARWAL,PANCHKULA vs. DCIT, CENTRAL CIRCLE -1, CHANDIGARH

The appeal stands partly allowed

ITA 273/CHANDI/2022[2017-18]Status: DisposedITAT Chandigarh13 Oct 2025AY 2017-18

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपीलसं./ Ita No. 273/Chandi/2022 (िनधा"रणवष" / Assessment Year: 2017-18) Shri Deepak Aggarwal Dcit-Central Circle-1 बनाम/ (C/O Parikshit Aggarwal (Ca) Sector-17 H.No. 3035, Sector 27D Chandigarh-160017 Vs. Chandigarh-160019 "ायीलेखासं./जीआइआरसं./Pan/Gir No. Aexpa-3768-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal (Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Geetinder Mann (Cit) - Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 09-10-2025 घोषणाकीतारीख /Date Of Pronouncement : 13/10/2025 आदेश / O R D E R Manoj Kumar Aggarwal () 1. Aforesaid Appeal By Assessee For Assessment Year (Ay) 2017-18 Arises Out Of An Order Of Learned Commissioner Of Income Tax (Appeals)- 3, Gurgaon [Cit(A)] Dated 28-12-2021 In The Matter Of An Assessment Framed By Ld. Assessing Officer [Ao] U/S. 143(3) R.W.S. 153B(1)(B) Of The Act On 24-12-2018. The Sole Grievance Of The Assessee Is Application Of Higher Rate Of Tax @60% U/S 115Bbe. Having Heard Rival Submissions & Upon Perusal Of Case Records, The Appeal Is Disposed-Off As Under.

For Appellant: Shri Parikshit Aggarwal (CA) – Ld. ARFor Respondent: Smt. Geetinder Mann (CIT) - Ld. DR
Section 115BSection 132Section 139(1)Section 143(3)

PRINCESS INFRA & DEVELOPMENT LLP,KOTA vs. ACIT-CENTRAL CIRCLE-KOTA, KOTA

In the result, both the appeals of the assesseeare allowed for statistical purposes as indicate hereinabove

ITA 859/JPR/2025[2018-19]Status: DisposedITAT Jaipur10 Oct 2025AY 2018-19

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Shri Saurav Harsh, AdvocateFor Respondent: Shri Gautam Singh Choudhary, JCIT-DR
Section 144Section 153B(1)(b)Section 153CSection 56(2)(X)Section 68

PRINCESS INFRA & DEVELOPMENT LLP,KOTA vs. ACIT-CENTRAL CIRCLE-KOTA , KOTA

In the result, both the appeals of the assesseeare allowed for statistical purposes as indicate hereinabove

ITA 858/JPR/2025[2016-17]Status: DisposedITAT Jaipur10 Oct 2025AY 2016-17

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Shri Saurav Harsh, AdvocateFor Respondent: Shri Gautam Singh Choudhary, JCIT-DR
Section 144Section 153B(1)(b)Section 153CSection 56(2)(X)Section 68

HEMANT KUMAR,REWARI vs. ITO, WARD-1, REWARI, REWARI

The appeal of the assessee is allowed

ITA 5157/DEL/2024[2017-18]Status: DisposedITAT Delhi25 Sept 2025AY 2017-18

Bench: Ms. Madhumita Roy & Shri Amitabh Shuklahemant Kumar Vs. Ito, Ward-I 1829/B, Nai Basti, Model Town, Rewari – 123401 Rewari – 123401 Haryana "थायीलेखासं./जीआइआरसं./Pan/Gir No: Ghnpk1715A Appellant .. Respondent

For Appellant: Sh. Suraj Bhan Nain, Adv. &For Respondent: Ms. Amisha S. Gupt, CIT, DR
Section 132ASection 143(3)Section 143ASection 153B(1)(b)Section 153DSection 69A

JITENDRA SADHWANI ,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, KOTA

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

ITA 767/JPR/2025[2020-2021]Status: DisposedITAT Jaipur12 Aug 2025AY 2020-2021

Bench: SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Saurav Harsh, Advocate (Thru” V.C.)For Respondent: Mrs. Anita Rinesh, JCIT (DR)
Section 143(3)Section 153B(1)(b)

PARADIGM BUSINESS VENTURES,MOHALI vs. DEPUTY COMMISSIONER OF INCOME TAX,CENTRAL CIRCLE-1, CHANDIGARH

The appeals stand allowed in terms of our above order

ITA 1139/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh23 Jul 2025AY 2016-17

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.1128/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 2. आयकर अपील सं./ Ita No.1129/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 3. आयकर अपील सं./ Ita No.1139/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2016-17) M/S Paradigm Business Ventures Dcit-Circle 1 बनाम/ Vs. Sco 45 Hollywood Plaza Cr Building Vip Road Zirakpur Mohali. Chandigarh "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaqfp-5590-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal(Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Kusum Bansal (Cit, Virtual) – Ld. Dr & Dr. Ranjit Kaur (Addl. Cit) – Ld. Sr. Dr सुनवाईक"तार"ख/Date Of Hearing : 15-07-2025 घोषणाक"तार"ख /Date Of Pronouncement : 23-07-2025 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri Parikshit Aggarwal(CA) – Ld. ARFor Respondent: Smt. Kusum Bansal (CIT, Virtual) – Ld. DR & Dr
Section 115BSection 143(3)Section 271A

PARADIGM BUSINESS VENTURES,MOHALI vs. DEPUTY COMMISIONER OF INCOME TAX, CC-1, CHANDIGARH

The appeals stand allowed in terms of our above order

ITA 1129/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh23 Jul 2025AY 2017-18

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.1128/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 2. आयकर अपील सं./ Ita No.1129/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 3. आयकर अपील सं./ Ita No.1139/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2016-17) M/S Paradigm Business Ventures Dcit-Circle 1 बनाम/ Vs. Sco 45 Hollywood Plaza Cr Building Vip Road Zirakpur Mohali. Chandigarh "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaqfp-5590-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal(Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Kusum Bansal (Cit, Virtual) – Ld. Dr & Dr. Ranjit Kaur (Addl. Cit) – Ld. Sr. Dr सुनवाईक"तार"ख/Date Of Hearing : 15-07-2025 घोषणाक"तार"ख /Date Of Pronouncement : 23-07-2025 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri Parikshit Aggarwal(CA) – Ld. ARFor Respondent: Smt. Kusum Bansal (CIT, Virtual) – Ld. DR & Dr
Section 115BSection 143(3)Section 271A

PARADIGM BUSINESS VENTURES,MOHALI vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, CHANDIGARH

The appeals stand allowed in terms of our above order

ITA 1128/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh23 Jul 2025AY 2017-18

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.1128/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 2. आयकर अपील सं./ Ita No.1129/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2017-18) 3. आयकर अपील सं./ Ita No.1139/Chandi/2024 (िनधा"रण वष" / Assessment Year: 2016-17) M/S Paradigm Business Ventures Dcit-Circle 1 बनाम/ Vs. Sco 45 Hollywood Plaza Cr Building Vip Road Zirakpur Mohali. Chandigarh "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaqfp-5590-G (अपीलाथ"/Appellant) : (""थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri Parikshit Aggarwal(Ca) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Kusum Bansal (Cit, Virtual) – Ld. Dr & Dr. Ranjit Kaur (Addl. Cit) – Ld. Sr. Dr सुनवाईक"तार"ख/Date Of Hearing : 15-07-2025 घोषणाक"तार"ख /Date Of Pronouncement : 23-07-2025 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri Parikshit Aggarwal(CA) – Ld. ARFor Respondent: Smt. Kusum Bansal (CIT, Virtual) – Ld. DR & Dr
Section 115BSection 143(3)Section 271A

SHRI P. CHINNADURAI,CHENNAI vs. ACIT, CENTRAL CIRCLE-1(3), CHENNAI

In the result, the appeal filed by the assessee is allowed

ITA 984/CHNY/2025[2020-21]Status: DisposedITAT Chennai17 Jul 2025AY 2020-21

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. No.984/Chny/2025 िनधा"रण वष"/Assessment Year: 2020-21 Sri P. Chinnadurai, Vs. The Assistant Commissioner Of No. 23, Railway Colony 2Nd Street, Income Tax, Nelson Manickam Road, Metha Nagar, Central Circle 1(3), Chennai 600 029. Chennai. [Pan:Aabpc6070D] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Ms. Jaya Shree, F.C.A. ""थ" की ओर से/Respondent By : Ms. R. Anita, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 26.06.2025 घोषणा की तारीख /Date Of Pronouncement : 17.07.2025 आदेश /O R D E R Per S.S. Viswanethra Ravi: This Appeal Filed By The Assessee Is Directed Against The Order Dated 06.02.2025 Passed By The Ld. Commissioner Of Income Tax (Appeals) 18, Chennai For The Assessment Year 2020-21. 2. The Assessee Raised 4 Grounds Of Appeal Amongst Which, The Only Issue Emanates For Our Consideration As To Whether The Ld. Cit(A) Is Justified In Confirming The Addition In Part In The Facts & Circumstances Of The Case.

For Appellant: Ms. Jaya Shree, F.C.AFor Respondent: Ms. R. Anita, Addl. CIT
Section 132Section 143(2)Section 143(3)

PAWAN GUPTA,KOTA vs. ACIT-CENTRAL CIRCLE-KOTA, KOTA

Appeals are disposed of for statistical purposes, and the all the 4 appeals filed before ld

ITA 465/JPR/2025[2020-21]Status: DisposedITAT Jaipur15 Jul 2025AY 2020-21

Bench: DR. MITHA LAL MEENA (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Vinod Goyal, C.A. (through VH)For Respondent: Shri O.P. Meena, CIT (through VC)
Section 132(1)Section 139Section 142(1)Section 143(2)Section 143(3)Section 153ASection 250

PAWAN GUPTA,KOTA vs. ACIT CENTRAL CIRCLE KOTA, KOTA

Appeals are disposed of for statistical purposes, and the all the 4 appeals filed before ld

ITA 464/JPR/2025[2019-20]Status: DisposedITAT Jaipur15 Jul 2025AY 2019-20

Bench: DR. MITHA LAL MEENA (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Vinod Goyal, C.A. (through VH)For Respondent: Shri O.P. Meena, CIT (through VC)
Section 132(1)Section 139Section 142(1)Section 143(2)Section 143(3)Section 153ASection 250

PAWAN GUPTA,KOTA vs. ACIT-CENTRAL CIRCLE KOTA, KOTA

Appeals are disposed of for statistical purposes, and the all the 4 appeals filed before ld

ITA 463/JPR/2025[2018-19]Status: DisposedITAT Jaipur15 Jul 2025AY 2018-19

Bench: DR. MITHA LAL MEENA (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Vinod Goyal, C.A. (through VH)For Respondent: Shri O.P. Meena, CIT (through VC)
Section 132(1)Section 139Section 142(1)Section 143(2)Section 143(3)Section 153ASection 250

PAWAN GUPTA,KOTA vs. ACIT -CENTRAL CIRCLE -KOTA, KOTA

Appeals are disposed of for statistical purposes, and the all the 4 appeals filed before ld

ITA 459/JPR/2025[2017-18]Status: DisposedITAT Jaipur15 Jul 2025AY 2017-18

Bench: DR. MITHA LAL MEENA (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Vinod Goyal, C.A. (through VH)For Respondent: Shri O.P. Meena, CIT (through VC)
Section 132(1)Section 139Section 142(1)Section 143(2)Section 143(3)Section 153ASection 250

PRAYS TRACON LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

The appeals of the assessee are allowed

ITA 3633/DEL/2018[2013-14]Status: DisposedITAT Delhi30 Jun 2025AY 2013-14

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

For Appellant: Dr. Rakesh Gupta, AdvFor Respondent: Ms. Sita Shrivastava, CIT (DR)
Section 127Section 132(1)Section 143(3)Section 14ASection 153ASection 153C

PRAYS TRACON LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

The appeals of the assessee are allowed

ITA 3632/DEL/2018[2012-13]Status: DisposedITAT Delhi30 Jun 2025AY 2012-13

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

For Appellant: Dr. Rakesh Gupta, AdvFor Respondent: Ms. Sita Shrivastava, CIT (DR)
Section 127Section 132(1)Section 143(3)Section 14ASection 153ASection 153C

PRAYS TRACON LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

The appeals of the assessee are allowed

ITA 3631/DEL/2018[2011-12]Status: DisposedITAT Delhi30 Jun 2025AY 2011-12

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

For Appellant: Dr. Rakesh Gupta, AdvFor Respondent: Ms. Sita Shrivastava, CIT (DR)
Section 127Section 132(1)Section 143(3)Section 14ASection 153ASection 153C

PRAYS TRACON LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD

The appeals of the assessee are allowed

ITA 3628/DEL/2018[2008-09]Status: DisposedITAT Delhi30 Jun 2025AY 2008-09

Bench: Shri M. Balaganesh & Shri Yogesh Kumar U.S.

For Appellant: Dr. Rakesh Gupta, AdvFor Respondent: Ms. Sita Shrivastava, CIT (DR)
Section 127Section 132(1)Section 143(3)Section 14ASection 153ASection 153C

Showing 1–20 of 59 · Page 1 of 3