Failure by AO to Demonstrate Deficiency in Explanation: Delhi HC quashes Income Tax Notice [Read Order]

Failure by AO - Demonstrate Deficiency - Delhi High Court - quashes Income Tax Notice - Income Tax Notice - Income Tax Act - Income Tax - TAXSCAN

The Delhi High Court quashed income tax notice as there was failure on the part of the Assessing Officer (AO) to demonstrate deficiency in explanation. By the writ petition, challenge is laid to the notice issued under Section 148 of the Income Tax Act, 1961 and besides this, the petitioner/assessee, Koa Investment Limited has also…

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.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader