Reopening Beyond limitation – Mechanical Approval Fatal – Entire Batch Collapses

DCIT Vs Proform Interiors Pvt. Ltd (ITAT Delhi)

ITAT Delhi upheld CIT(A) and dismissed Revenue’s appeal for AY 2012-13, holding reopening time-barred despite search in Feb-2022. Applying the first proviso to s.149(1)(b) and the Supreme Court ruling in Rajeev Bansal, the Tribunal held that for AYs Please become a Premium member. If you are already a Premium member, login here to access the full content.