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ITAT Quashes Time-Barred Reassessment in HSBC Geneva Account Case
Case Law Details
- Case Name
- Kalpana Dilip Mehta Vs ACIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007-08
- Courts
- All ITAT, ITAT Mumbai
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ITAT Mumbai Allows Appeal, Quashes Reassessment Order Against Legal Heir in Dilip Dalpatlal Mehta Case Due to Expiry of Limitation Period
In a significant ruling concerning the procedural aspects and time limitations governing income tax reassessment proceedings, the Income Tax Appellate Tribunal (ITAT), Mumbai, has allowed the appeal filed by Kalpana Dilip Mehta, the legal heir of the late Dilip Dalpatlal Mehta, against the order dated January 7, 2025, passed by the Commissioner of Income-tax (Appeals) – 51, Mumbai, for the assessment year 2007-08. The central contention of the appeal revol...
