ITAT Quashes reassessment proceedings framed on  information received from DDIT due to Non Application of mind by AO [Read Order]

itat mumbai - ddit - reassessment proceedings quashed - reassessment proceedings - non Application of mind by Assessing officer - taxscan

The Income Tax Appellate Tribunal ( ITAT ), Mumbai bench quashed reassessment proceedings framed on information received from the DDIT due to non application of mind by the assessing officer. The assessee, Ankur Power Projects Pvt. Ltd is engaged in the business of production, collection and distribution of electricity. After completing the regular assessment of…

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