Delhi HC quashes Income Tax Reassessment Notices issued after Completion of Assessment Proceedings [Read Order]

The bench held that the respondents cannot be justified to issue notices seeking to reopen the proceeding afresh
By Saagarika Gopinath - On September 17, 2024 4:50 pm - 2 mins read
Delhi HC - Delhi High Court - High Court news - Delhi HC quashes - Income Tax Reassessment Notices - Assessment Proceedings - Income Tax - taxscan

In a recent ruling, the Delhi High Court  held that the impugned action for income tax reassessment could be sustained. In this case, the petitioner Satish Chand Jain had filed his Income Tax Return for the Assessment Year( AY) 2014-15 on 30.09.2014, declaring a total income of Rs. 2,29,80,740. The Income Tax Act, 1961’s Section…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader