AO Cannot Act as Appellate Authority to Review CIT(A) Order: Delhi HC

Goodrich Carbohydrates Ltd Vs ACIT (Delhi High Court) Delhi High Court has nullified an Income Tax Assessing Officer’s (AO) order that declined to implement a favorable ruling for Goodrich Carbohydrates Ltd. by the Commissioner of Income Tax (Appeals) [CIT(A)]. The High Court found the AO acted beyond their jurisdiction by effectively reviewing the CIT(A)’s decision based on a subsequent Supreme Court judgment. The case pertains to the assessment year 2017-18, where Goodrich Carbohydrates Ltd. had filed its return declaring an income of Rs.2,26,85,350. During scrutiny, the AO made ...