Second Reassessment Notice Cannot Cure Limitation Defect: ITAT Delhi

Sanjeev Kumar Aggarwal Vs DCIT (ITAT Delhi)

Reassessment for AY 2015-16 Barred by Limitation – ITAT Delhi Applies Rajeev Bansal and Quashes Assessment

The Delhi Bench of the ITAT allowed the assessee’s appeal for AY 2015-16 and quashed the reassessment proceedings on the ground that the notice issued under section 148 dated 26.07.2022 was time-barred. The Tribunal examined the entire chronology of events post Please become a Premium member. If you are already a Premium member, login here to access the full content.