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Income Tax

Reassessment Quashed Due to Limitation After Supreme Court Time Exclusions

Case Law Details

Case Name
Veena Gupta Vs DCIT (Madras High Court)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2016-17
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Veena Gupta Vs DCIT (Madras High Court) The Madras High Court initially dismissed the writ petition by an order dated 04.11.2025. However, while finalising the detailed order, the Court entertained a doubt as to whether the conclusion reached earlier was correct. Upon re-examining the documents, chronology of events, and the legal position laid down by the Supreme Court in Union of India v. Ashish Agarwal and Union of India v. Rajeev Bansal, the High Court recalled its earlier dismissal order to ensure a fair disposal of the case. The Court considered Paragraph 28 of the Ashish Agarwal judgmen...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,769

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