Pending Assessment get Abated u/S 153 A of Income Tax Act, after Conducting Search and obtaining Information: ITAT [Read Order]

Pending assessment get abated under Section 153 A of Income Tax Act, 1961 after conducting search and obtaining information, rules , ITAT
ITAT - ITAT Delhi - Pending Assessment - Income Tax - Assessment - ITAT Delhi ruling on pending assessment - TAXSCAN

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that Pending assessment get abated under Section 153 A of Income Tax Act, 1961 after conducting search and obtaining information The assessee submitted their income tax return on July 18, 2014, disclosing an income of Rs. 14,48,100/-. Subsequently, the return underwent scrutiny…

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