Reopening Based on Incorrect Grounds Invalidates Assessment: ITAT Mumbai

Good Shepherd Church Vs ITO (ITAT Mumbai) The dispute between Good Shepherd Church and the Income Tax Officer (ITO) reached the Mumbai Income Tax Appellate Tribunal (ITAT) over the reassessment for the assessment years 2010-11 and 2011-12. The core issue revolved around the validity of the reassessment initiated by the ITO. The case stemmed from the ITO’s decision to reopen the assessment under Section 147 of the Income Tax Act, 1961, citing the non-filing of income tax returns by Good Shepherd Church for the assessment year 2010-11. However, it was later revealed that the church had ind...