Delhi HC Quashes Reassessment as Income Tax Department Changed Grounds Midway

Jyoti Bhatia Vs ACIT (Delhi High Court) Reassessment Notice Set Aside Because Final Order Alleged New Grounds Not Mentioned Earlier; Income Tax Reopening Invalid Because Reasons Cannot Be Improved After Issuing Section 148 Notice; Delhi High Court Cancels Reassessment Because Escapement Opinion Was Based on Changing Allegations; Section 148 Reassessment Quashed Because Tax Authorities Relied on Different Allegations in Final Order. The Delhi High Court examined the validity of reassessment proceedings initiated under Sections 148A(b) and 148 of the Income Tax Act, 1961 for Assessment Year 2018...