ITAT quashes Reassessment in respect of Accommodation Entry without provide proper approval u/s 151 of Income Tax Act [Read Order]

By Aparna. M - On July 25, 2023 12:30 pm - 2 mins read

ITAT quashes Reassessment - ITAT - Reassessment - Accommodation Entry - provide proper approval - Income Tax Act - taxscan

The Income Tax Appellate Tribunal (ITAT), Delhi Bench quashed the reopening assessment in respect of accommodation entry without providing proper approval under Section 151 of Income Tax Act, 1961. The assessee Agroha Fincap Ltd, challenged the reopening of assessment in respect of accommodation entry without providing proper approval under Section 151 of Income Tax Act,…

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

Topics