This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Reassessment Quashed – Notice U/s 148A(b) Invalid for Granting Less Than Mandatory 7 Days to Reply
Case Law Details
- Case Name
- Kempaiah Nagaraj Vs ITO (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Bangalore
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Kempaiah Nagaraj Vs ITO (ITAT Bangalore)
Reassessment Quashed – Notice u/s 148A(b) Invalid for Granting Less Than Mandatory 7 Days to Reply
The assessee had sold an immovable property on 25-02-2016, based on which the AO initiated reassessment proceedings after receiving information of TDS deduction u/s 194-IA. A notice u/s 148A(b) dated 18-03-2023 was issued requiring the assessee to respond by 22-03-2023. Subsequently, an order u/s 148A(d) and notice u/s 148 were issued and the AO completed reassessment computing long-term capital gains and denying deduction u/s 54F.
Befor...
Author Info
