ITAT Quashes Reassessment: AO Reopened Case on Wrong Assumption That Assessee Was a Non-Filer

Ravindra Kumar Gupta Vs ITO (ITAT Hyderabad) ITAT Quashes Reassessment: AO Reopened Case on Wrong Assumption That Assessee Was a Non-Filer The Hyderabad ITAT quashed the entire reassessment proceedings after finding that the Assessing Officer had reopened the assessment on a factually incorrect assumption that the assessee had not filed a return of income. The Tribunal noted that while recording reasons for reopening under section 147, the Assessing Officer specifically stated that the assessee was a “non-filer”. However, the records clearly showed that the assessee had already filed his ...