Benefit Allowed in Assessment shall not be withdrawn by exercising Power u/s 154 of Income Tax Act: ITAT [Read Order]

Benefit allowed -Assessment - withdrawn - exercising - Income - Tax - Act - ITAT - TAXSCAN

The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that benefit allowed assessment orders should not be withdrawn by exercising power under Section 154 of Income Tax Act, 1961. The assessee Sanjay Kumar,  filed the appeal against the order passed by the Commissioner of Income Tax (Appeals) for the assessment year 2019-20, arising out of…

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.)
  ₹1599 + GST for 1 year

Subscribe Now

taxscan-loader