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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Validity of re opening of the assessment - ITAT held that CIT(A) ...

Income Tax

December 18, 2020

Validity of re opening of the assessment - ITAT held that CIT(A) fell in error in holding the re-assessment to be invalid - it is evident that the order passed by the tribunal has been passed in a cryptic and cavalier manner and well reasoned order passed by the Commissioner of Income Tax (Appeals) has been set aside without assigning any cogent reasons. - Matter restored before ITAT - HC

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