Notice for Reopening Assessment in respect of issue of Capital Gain issued inĀ name of Deceased Person: ITAT directs re-adjudication [Read Order]

By Aparna. M - On November 15, 2023 6:00 pm - 2 mins read
Notice - Reopening Assessment - Capital Gain - Notice for Reopening Assessment in respect of issue of Capital Gain - Deceased Person - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Mumbai bench, while directing the reassessment of the assessee’s case, held that the notice for reopening the assessment regarding the issue of capital gains was issued in the name of a deceased person. Laxman Mahadev Patil, the assessee, had his assessment completed under Section 143(3) read with Section 147…

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