ITAT Mumbai Quashes Purohit Food Reassessment Due to Invalid Notice

Advertisement Purohit Food Products Private Limited Vs ITO (ITAT Mumbai) In the case of Purohit Food Products Pvt. Ltd. vs. Income Tax Officer, the ITAT Mumbai addressed the appeal challenging the dismissal of a late appeal due to a delay of 198 days. The delay was attributed to the appellant’s lack of awareness of the assessment order and the medical treatment of a key director. The core issue was the legality of a reassessment notice issued on July 29, 2022, for the assessment year 2015-16, which the appellant argued was barred by limitation. The appellant relied on the recent Bomba...