ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]

ITAT Dismisses Income Tax Dept Appeal - ITAT - Income Tax Department - Appeal - Lack of Valid Approval in Reassessment Proceedings - Reassessment Proceedings - Reassessment - Taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by the Income Tax Department (ITD) against an order of the Commissioner of Income Tax (Appeals) (CIT(A)) quashing reassessment proceedings initiated against an assessee as it was not in accordance with the mandatory requirement of Section 151 of the Income…

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