AO cannot initiate reassessment for appealed additions

PCIT Vs Gautam Bhalla (Delhi High Court) Introduction: The Delhi High Court, in the case of PCIT vs. Gautam Bhalla, has delivered a significant ruling, stating that the Assessing Officer (AO) cannot initiate reassessment proceedings against additions that have already been subject to appeal. The appeals in question pertain to Assessment Years 2010-11 and 2011-12, challenging a common order by the Income Tax Appellate Tribunal (ITAT) dated 03.09.2019. Detailed Analysis: The controversy revolves around reassessment proceedings initiated against the respondent/assessee under Section 148 of the In...