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Notice by Jurisdictional AO, Assessment by NFAC Held Invalid: ITAT Quashes Entire 147 Proceedings
Case Law Details
- Case Name
- Muthuvel Agathiyan Vs ITO (ITAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All ITAT, ITAT Chennai
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Muthuvel Agathiyan Vs ITO (ITAT Chennai)
Notice by Jurisdictional AO, Assessment by NFAC Held Invalid: ITAT Quashes Entire 147 Proceedings
Assessee filed return u/s 139(1) declaring total income of ₹4,85,110 consisting of salary income & loss from house property, which was processed. Later, based on e-verification information u/s 135A indicating cash deposits of ₹1,30,67,300 during FY 2019-20, Jurisdictional AO issued notice u/s 133(6) & on no response, further issued notice u/s 148 dated 30.03.2024. Subsequently, NFAC (Faceless Assessment Unit) completed assessme...






