Delhi HC Rejects Reassessment as AO Repeated Additions Already Set Aside by CIT(A)

PCIT Vs Escorts Ltd (Delhi High Court) In PCIT vs Escorts Ltd, the Delhi High Court dismissed the Department’s appeal against the order of the Income Tax Appellate Tribunal concerning AY 2001-02. The appeal challenged the Tribunal’s affirmation of the CIT(A)’s decision quashing reassessment proceedings initiated under Section 148 of the Income Tax Act, 1961. The Department had argued that the CIT(A) erred in declaring the reassessment order passed under Sections 148/143(3) as null and void. The respondent submitted that the reassessment proceedings were initiated after the CIT(A) had a...