Assessee’s Non-Participation in Reassessment Proceedings makes Section 292BB Inapplicable

Farah Naaz & Others Vs ITO (ITAT Delhi)

Introduction: In a significant ruling, the Income Tax Appellate Tribunal (ITAT) in Delhi has held that Section 292BB of the Income Tax Act shall not be applicable if an assessee does not participate in reassessment proceedings. The ruling came about after the ITAT quashed a notice issued to a deceased individual.

Analysis: The case involved reassessment proceedings issued against a deceased person and subsequentl

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