CIT(A) Empowered to Set Aside Assessment Post 01.10.2024 Amendment: ITAT Delhi

DCIT Vs Imran (ITAT Delhi)

ITAT Delhi: CIT(A) Empowered to Set Aside Assessment Post 01.10.2024 Amendment – Revenue’s Appeal Dismissed

Delhi Tribunal upheld the order of the CIT(A) who had set aside an ex-parte assessment and directed AO to frame a fresh assessment in accordance with law. Tribunal dismissed the appeal of the Revenue, holding that the power exercised by the CIT(A) was valid in light of the amendment to section 251(1)(a) effective from 01.10.2024.

The case originated from information received by the Investigation Wing regarding interception of cash

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