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If Assessing Officer fails to provide the reasons for reopening, the reassessment order is unsustainable in law

reassessment

The ITAT, Delhi Bench, New Delhi in the case of in Sri Inderjeet Sachdeva having PAN: ALFPS8175E vs. DCIT, Range-1, C/o M/s Shubham Nursing Home, Moradabad, Civil Lines, Moradabad, ITA No. 6611/Del/2013 has held that if AO fails to provide to the assessee the reasons for reopening the assessment within a reasonable time, the reassessment order becomes unsustainable in law. ... Read More »

The Apex Court explains total law on the reopening of assessments under section 143(1)

The Apex Court explains total law on the reopening of assessments under section 143(1)

The Hon’ble High court at Delhi in the case of W.P. (C) 1393/2002, Indulata Rangwala vs. Deputy Commissioner of income Tax has explained the total law relating to the reopening of assessments under section 143(1) of the Income Tax act, 1961. Advocates engaged: The Appellant was represented through Mr. Prem Nath Monga along with Mr. Manu Monga, The Respondent was ... Read More »