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Closure of GST Proceedings Requires Income Tax Dept to Reconsider Reassessment For Income Escapement: Delhi High Court

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By Mariya Paliwala
Closure of GST Proceedings Requires Income Tax Dept to Reconsider Reassessment For Income Escapement: Delhi High Court

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The Delhi High Court has set aside a Rs. 424 crore reassessment order issued against Vedanta Limited, holding that once the GST proceedings on the same transaction have been closed, the Income Tax Department must reconsider its case in light of that development. The Division Bench of Justice Prathiba M. Singh and Justice Shail Jain…

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Mariya Paliwala
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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