ITAT Quashes 4 Years of Assessments: Mechanical Sanction and Vague Reasons Vitiate Jurisdiction

Deepak Agarwal Vs DCIT (ITAT Delhi) Mechanical Sanctions, Vague Reasons & Wrong Sections – ITAT Quashes All 4 Years of Assessments in One Stroke This common order dealt with four different assessment years where Assessee was alleged to be engaged in providing accommodation entries,  & additions were made as “commission income” or “unexplained income”. However, instead of going into the merits, the ITAT examined serious legal defects in jurisdiction  &  procedure,  &  quashed all four assessments in entirety. AY 2013-14 & AY 2014-15 – Reopening u/s 147 quash...