This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Reopenings for AYs 2014-15 & 2015-16 Time-Barred: ITAT Quashes Section 148 Notices
Case Law Details
- Case Name
- DCIT Vs LT Foods Limited (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
DCIT Vs LT Foods Limited (ITAT Delhi)
Reopenings for AYs 2014-15 & 2015-16 Time-Barred: ITAT Quashes Section 148 Notices Applying Rajeev Bansal Ruling
The Delhi ITAT dismissed the Revenue’s appeals and allowed the assessee’s cross-objections by quashing reassessment proceedings for AYs 2014-15 and 2015-16 as barred by limitation. For AY 2015-16, the Tribunal relied on the Revenue’s own concession before the Supreme Court in Rajeev Bansal and Deepak Steel & Power Ltd. that all notices issued on or after 01.04.2021 for that year must be dropped, holding the notice and consequent as...
Author Info
