Lack of Independent Application of Mind: Delhi HC set-aside Section 148 Reassessment Order

Sahu Exports Vs ACIT (Delhi High Court) Introduction: In a significant judgment, the Delhi High Court has quashed a reassessment order under Section 148 of the Income Tax Act in the case of Sahu Exports vs. ACIT. The petitioner challenged the notice and subsequent rejection of objections, asserting the absence of an independent application of mind by the Assessing Officer (AO). This article provides a detailed analysis of the judgment, highlighting key aspects and implications. Detailed Analysis: The petitioner, Sahu Exports, contested a notice dated 29.03.2018 issued under Section 148 for Ass...