Mechanical Reopening Without Considering Reply Invalid: Delhi HC

Michael and Susan Dell Foundation v. ACIT/DCIT, Circle International Taxation 2(2)(1), New Delhi & Anr. (Delhi HC) Delhi High Court Safeguards Taxpayer Rights: Quashing Reassessment Proceedings Against Michael and Susan Dell Foundation for Procedural Lapses In a significant ruling that underscores the primacy of natural justice principles in tax reassessment proceedings, the Delhi High Court (HC) has set aside an order under Section 148A(3) and a notice under Section 148 of the Income Tax Act, 1961 (IT Act), issued against the Michael and Susan Dell Foundation (the petitioner). The case, M...