Case Law Details
Case Name : ITO Vs Maiden Marketing India Private Limited (ITAT Mumbai)
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Mumbai
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ITO Vs Maiden Marketing India Private Limited (ITAT Mumbai)
Introduction: In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai has declared the reopening of an assessment after four years, with the approval of a Joint Commissioner, as invalid in the case of ITO Vs. Maiden Marketing India Private Limited. This decision holds crucial implications for the validity of reopening assessments under the Income Tax Act.
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