Accommodation Entry Case: Reassessment Beyond 3 Years Invalid Without Proper Sanction

ITO Vs Ruptex Mineral Water Private Limited (ITAT Delhi)

Reopening Beyond Three Years Invalid for Want of Proper Sanction: ITAT Delhi Quashes Reassessment in Accommodation Entry Case

The Delhi Bench of the ITAT allowed the assessee’s cross-objection and dismissed the Revenue’s appeal for AY 2017-18 by quashing the entire reassessment proceedings on a jurisdictional ground relating to invalid sanction under section 151 of the Income-tax Act.

Please become a Premium member. If you are already a Premium member, login here to access the full content.