Original Assessment was neither Erroneous nor Prejudicial to the Revenue: ITAT quashes Revisional Proceedings [Read Order]

Original Assessment - Erroneous - Prejudicial - Revenue - ITAT - Revisional Proceedings - Taxscan

The Kolkata Bench of Income Tax Appellate Tribunal has held that original assessment was neither erroneous nor prejudicial to the revenue and quashes revisional proceedings. The appellant, Deepak Kr. Singh, is an individual deriving income from salary, dividend and other sources. The assessee filed e-return of income for the assessment year 2016-17 declaring Income of…

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