Section 40A(3) Disallowance Set Aside in Invalid Reassessment

Pankaj Jindal Contractor Vs DCIT (ITAT Amritsar)

Reopening After Four Years Quashed as Change of Opinion — Disallowance Under Section 40A(3) and Addition Under Section 68 Set Aside

The Amritsar Bench of the ITAT allowed the assessee’s appeal in full and quashed the reassessment proceedings initiated under Sections 147/148Please become a Premium member. If you are already a Premium member, login here to access the full content.