Delhi HC quashes Income Tax Reassessment Advanced on Same Grounds as Prior Assessment and Order [Read Order]

Assessment Order issued under Section 147 was subsequently subject to Reassessment Order under Section 148-A(d) by the Revenue Department in light of Supreme Court judgment
Delhi high court - Income Tax Reassessment - Prior Assessment and Order - Income Tax - Taxscan

The Delhi High Court recently allowed a Petition seeking to quash an impugned reassessment order issued by the Income Tax Officer, Ward-63(1), Delhi against the Financials of the Petitioner Proprietary firm M/s. JMK Enterprises. The instant Writ Petition was filed against the Revenue alleging mishandling of the Petitioner’s Assessment for the Assessment Year 2014-15 by…

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