ITAT Delhi quashes reassessment initiated by AO on incorrect facts

Shri Anuj Chaudhary Vs ITO (ITAT Delhi) Introduction: The case of Shri Anuj Chaudhary vs ITO (ITAT Delhi) revolves around the reassessment proceedings initiated by the Assessing Officer (AO) against the appellant for the assessment year 2009-10. The appeal arises from the order of the Commissioner of Income Tax (Appeals)-2, Noida, confirming the AO’s reassessment. Detailed Analysis: Shri Anuj Chaudhary, the appellant, raised several grounds challenging the validity of the reassessment and the additions made by the AO. The primary contention was that the reassessment was conducted without...