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Case Law Details

Case Name : LL Global Inc. Vs ACIT (ITAT Delhi)
Related Assessment Year : 2016-17
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LL Global Inc. Vs ACIT (ITAT Delhi)

₹50 Lakh Threshold Is Mandatory: ITAT Delhi Quashes Reassessment of Foreign Company as Time-Barred

Delhi ITAT (Bench ‘D’) quashed the reassessment proceedings initiated u/s 147 r.w.s. 148, holding them to be barred by limitation under the amended law. The Tribunal noted that the Please become a Premium member. If you are already a Premium member, login here to access the full content.

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