ITAT dismisses Rs 2.51 crore tax case due to departmental delay
The Income Tax Appellate Tribunal in Chennai has cancelled a reassessment order. The order had added Rs 2.51 crore to a taxpayer's income. The tribunal ruled the Income Tax Department issued its reopening notice too late. The notice was sent after the legally allowed time period had ended, invalidating the case.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.


Discussion (0)
Log in to join the discussion and vote.
Log in