ITAT Kolkata Quashes Reopening for Unsigned Section 148 Notice, No Disclosure Failure

Jagmag Mercantiles Private Limited Vs ITO (ITAT Kolkata) Unsigned Section 148 Notice and No Failure to Disclose Facts: ITAT Kolkata Quashes Reopenings for Two Years The Kolkata Bench of the ITAT allowed the assessee’s appeals for AYs 2013-14 and 2014-15 and quashed the reassessment proceedings on multiple jurisdictional grounds. First, the Tribunal found that the notice issued under section 148 was unsigned, neither digitally nor manually. Relying on binding precedents of the Bombay High Court (Prakash Krishnavtar Bhardwaj), Karnataka High Court (Panjos Builders), and the jurisdictional Calc...