Reassessment Quashed as No Addition Made on Original Reopening Issue

Advertisement Shyama Shyam Infradevelopers Pvt Ltd Vs ITO (ITAT Agra) The appeal before the Income Tax Appellate Tribunal, Agra Bench related to Assessment Year (AY) 2016–17 and arose from a reassessment order passed under section 147 read with section 144B of the Income-tax Act, 1961. The reassessment order dated 18.05.2023 had been confirmed by the National Faceless Appeal Centre on 12.09.2025. The primary issues for consideration were whether the Assessing Officer (AO) had validly assumed jurisdiction under section 147 and whether the Commissioner (Appeals) was justified in confirming ...