ITAT Quashes Reassessment Order for Lack of Valid Notice under Section 148

Raghuraj Laminates Pvt Ltd Vs ITO (ITAT Delhi) Introduction: The ITAT Delhi has ruled in favor of Raghuraj Laminates Pvt Ltd in their appeal against the order of the CIT(A), NFAC. The appeal was filed for the assessment year 2011-12, and the ITAT has condoned the delay of 22 days in filing the appeal. The main issue in the case was the validity of the notice issued under Section 148 of the Income Tax Act. Analysis: The appellant argued that the notice issued by the DCIT, Circle 3(1), Haridwar, was illegal and without jurisdiction. They claimed that the jurisdiction of the assessee lies with th...