Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (6) TMI 183 - ITAT DELHIReopening of assessment u/s 147 - reassessment order as the assessment order was passed without complying with the mandatory conditions of section 147 to 151 - HELD THAT:- AO did not comply with the procedure as laid down by the Hon'ble Supreme Court in the case of GKN Driveshafts (India) Pvt. Ltd. [2002 (11) TMI 7 - SUPREME COURT] making the assessment as bad in law. Therefore, in view of the above discussion, we hold that the reassessment made by the AO is bad in law and accordingly the reassessment order is quashed. As the reassessment was held to be bad in law on the preliminary grounds and the very jurisdiction of initiation of proceedings u/s. 148 of the Act - Appeal of assessee allowed.
|