ITAT Quashes Assessment Framed by Non-Jurisdictional AO for Lack of Authority

DCIT Vs Manjeet Singh (ITAT Chandigarh)

The Income Tax Appellate Tribunal (ITAT) Chandigarh heard an appeal filed by the Revenue against the order passed by the Commissioner of Income Tax (Appeals)-43, New Delhi, dated 23.03.2022, which had annulled a reassessment order under Sections 147/143(3) of the Income Tax Act. The case centered around a cash deposit of ₹1 crore and the reopening of assessment proceedings. The Revenue argued that the CIT(A) erred in law by annulling the reassessment despite the Assessing Officer having issued a speaking order addressing the assessee’

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