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Split Jurisdiction Breaks Reassessment, U/s 147 Order Quashed
Case Law Details
- Case Name
- All One Knit Yarns Traders Vs ITO (ITAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2019-20
- Courts
- All ITAT, ITAT Chennai
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All One Knit Yarns Traders Vs ITO (ITAT Chennai)
Split Jurisdiction Fatal: JAO Starts, NFAC Finishes—Reassessment Collapses
In All One Knit Yarns Traders Vs. ITO , ITA No.2789/Chny/2025, AY 2019-20, order dated 31.12.2025, Chennai ITAT quashed reassessment on jurisdictional defect under faceless regime. Assessee was subjected to reopening on allegation of unexplained cash withdrawals of ₹3.27 crore, which were ultimately treated as unexplained expenditure u/s 69C in reassessment completed u/s 147 r.w.s. 144B by NFAC.
Tribunal noted that notice u/s 148A(b), order u/s 148A(d) & not...
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