This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Bangalore Quashed Reassessment for Sanction by wrong authority After 3-Year Limit
Case Law Details
- Case Name
- Rahul Meka Vs ITO (International Taxation) (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Bangalore
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Rahul Meka Vs ITO (International Taxation) (ITAT Bangalore)
The appeal was filed against the reassessment order dated 08/03/2024 passed under sections 147 read with 144C(13) of the Income Tax Act, 1961 for Assessment Year (AY) 2016–17. The assessee had originally filed his return on 01/08/2016 declaring total income of ₹15,850. The Assessing Officer (AO) determined total income at ₹75,69,043, making additions under section 68 of ₹47,00,000 as unexplained cash credits and ₹28,53,193 as long-term capital gains, while denying exemption under section 54F. Interest under ...
Author Info
