ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh:

The ITAT Mumbai held reassessment for AY 2019-20 cannot be sustained where Section 148 notice is issued beyond Three Years
ITAT Quashes Reassessment

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ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh
The ITAT Mumbai held reassessment for AY 2019-20 cannot be sustained where Section 148 notice is issued beyond Three Years
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Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
621My Recent Articles
- ITAT Upholds PCIT's Revisionary Order Under Section 263 for Fresh Verification
- ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s Name
- ITAT Remands Section 80P Deduction Claim for Fresh Adjudication
- ITAT Remands Demonetisation Cash Deposit Case After Assessee Suffers Severe Fire Injuries
- ITAT Remands Rs 37.55 Lakh Unsecured Loan Addition for Fresh Adjudication
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