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ITAT Nagpur Bench Quashes Reassessment: Income Below Threshold for 3-Year Limit

Case Law Details

Case Name
Rupesh Laldas Dhakate Vs ITO (ITAT Nagpur)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2017–18
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Rupesh Laldas Dhakate Vs ITO (ITAT Nagpur) In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has quashed the reassessment order and deleted the entire addition made against Rupesh Laldas Dhakate for the Assessment Year (AY) 2017-18. The Tribunal’s decision, issued on May 27, 2025, primarily rests on the finding that the reassessment proceedings were initiated without proper jurisdiction, as the alleged escaped income fell below the statutory threshold for initiating reassessment beyond three years. The assessee, Rupesh Laldas Dhakate, had challenged the or...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,029

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