ITAT quashes reassessment proceedings initiated on basis of incorrect facts recorded by AO [Read Order]

ITAT - ITAT Delhi - Income Tax - Reassessment - TAXSCAN

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) quashed reassessment proceedings initiated on the basis of incorrect facts recorded by the assessing officer. The Assessee, Anuj Chaudhary filed return of income for AY 2009-10 was originally filed u/s 139 of the Act by the assessee on 22.09.2010 declaring taxable income of…

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