Survey Findings of One Year Cannot Be Applied to Other Years: Delhi HC

GE Grid (Switzerland) GMBH Vs ACIT (Delhi High Court)

Other years cannot be extrapolated on the basis of survey conducted in particular year: Delhi HC

Delhi High Court held that reassessment under section 148 of the Income Tax Act entirely based on course of survey not sustainable and liable to be quashed. Further, survey in particular year cannot be extrapolated to other years.

Facts- This batch of writ petitions impugn the reassessment action initiated by the respondents in the purported exercise of powers conferred by Section 148 of the Income Tax

Please become a Premium member. If you are already a Premium member, login here to access the full content.