Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Axis Bank Ltd. v.ACIT [2023] 149 taxmann.com 395 / (2025) 482 ITR 746 (Guj)(HC)

S.147: Reassessment-After the expiry of four years-Bad debts-Change of opinion-No new facts-Notice and order disposing of the objection is quashed. [S. 36(1)(vii), 148, Art.226]

BDR Builders and Developers Pvt. Ltd v. ACIT [2024] 162 taxmann.com 64 /(2025) 482 ITR 477 (Delhi)(HC)

S.147: Reassessment-After the expiry of four years-Failure to disclose material facts-Reassessment notice is held to be valid.[S. 148, Art. 226]

S.B. Packagings Ltd v. ACIT (2025) 482 ITR 456 (Delhi)(HC)

S.147: Reassessment-After the expiry of four years-Second round of notice-Change of opinion-No failure to disclose material facts-Notice and order disposing of the objection are quashed. [S. 148, Art. 226]

Chinnathambi Rajeswari v.ACIT (2025) 482 ITR 606 (Mad)(HC)

S.147: Reassessment-After the expiry of four years-Stamp value-Information regarding enhanced stamp value of property purchased by assessee, was before the Assessing Officer at the time of making assessment-Reopening of assessment to assess amount enhanced beyond was not justified.[S. 56, 148, Art. 226]

Hemanshu Ramniklal Shah v ITO (2025) 482 ITR 138/171 taxmann.com 19 (Guj)(HC) Editorial : SLP dismissed, ITO v. Hemanshu Ramniklal Shah (2025) 304 Taxman 610 / 482 ITR 147 (SC)

S.147: Reassessment-After the expiry of four years-Non application of mind-Change of opinion-Notice and order rejecting objections quashed and set aside [S. 68,143(3), 148,Art. 226]

Kapstone Constructions Pvt. Ltd. v. ACIT [2023] 153 taxmann.com 305 / (2025) 482 ITR 940 (Bom)(HC)

S.147: Reassessment-After the expiry of four years-Change of opinion-Failure to disclose material facts-Notice not valid.[S. 148, Art. 226]

Welcome Plywood Pvt. Ltd. v. ITO [2023] 153 taxmann.com 285 / (2025) 482 ITR 936 (Bom)(HC)

S.147: Reassessment-After the expiry of four years-Change of opinion-Failure to disclose material facts-Notice not valid.[S. 148, Art. 226]

Wellgroomed Venture v. ACIT (2025) 482 ITR 813 (Bom)(HC)

S.147: Reassessment-After the expiry of four years-Change of opinion-Reassessment notice and order disposing of the objection are quashed. [S. 148, Art. 226]

Aashish Niranjan Shah v. UOI [2024] 167 taxmann.com 561 / (2025) 482 ITR 492 (Bom)(HC)

S.147: Reassessment-After the expiry of four years-Scrutiny assessment-No evidence of failure to disclose material facts-Reassessment notice and order disposing of objection was quashed. [S. 143(3) 148, Art. 226]

PCIT v. Mahabir Jute Mills Ltd [2024] 162 taxmann.com 601 / (2025) 482 ITR 345 (All)(HC)

S. 145 : Method of accounting-No rejection of books of account-Deletion of addition by the Tribunal based on three years’ gross profit is affirmed.[S.260A]