‘Beyond Scope’ of Section 153A: ITAT quashes Assessment Order [Read Order]

ITAT quashed the assessment order because it went beyond the provisions of Section 153A of the Income Tax Act of 1961
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The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order passed beyond the scope of Section 153A of the Income Tax Act, 1961. In this case, the deceased assessee, Ghanshyam Das Agarwal, was an individual running an export business under the name and style of M/s. Bharat Export. It’s…

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