The Delhi High Court has dismissed an appeal filed by the Income Tax Department, holding that reassessment proceedings initiated under the Income Tax Act, 1961 were without jurisdiction, based on non-existent and erroneous foundational facts, and lacking tangible material. The Bench of Justice Dinesh Mehta and Justice Vinod Kumar observed that the reasons recorded by…
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Reassessment Invalid Without Tangible Material: Delhi High Court Rejects Income Tax Dept’s Appeal
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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