ITAT Kolkata Quashes Reassessment Notice Against Deceased Assessee  

Sulochana Devi Bagaria Vs ITO (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, delivered a judgment in the consolidated appeals filed by the legal representative of the deceased assessee, Sulochana Devi Bagaria, concerning the validity of reassessment proceedings initiated under Section 148 of the Income Tax Act, 1961. The core issue before the Tribunal was whether a reassessment notice issued under Section 148 to a person who was already deceased at the time of issuance is legally valid, and whether the subsequent proceedings are therefore null and void. Factual Backgr...