ITAT Rules Reassessment Notice Issued by ITO Invalid for Taxpayer With Income Above Rs 20 Lakh, Holds Proceedings Void Ab Initio:
ITAT Delhi held that an ITO lacked pecuniary jurisdiction to issue a Section 148 reassessment notice where the taxpayer’s returned income exceeded Rs 20 lakh, rendering the proceedings void ab initio.
ITAT Voids Reassessment Notice Issued by ITO
Vanshika verma
Aug 21, 2026
Premium
ITAT Rules Reassessment Notice Issued by ITO Invalid for Taxpayer With Income Above Rs 20 Lakh, Holds Proceedings Void Ab Initio
ITAT Delhi held that an ITO lacked pecuniary jurisdiction to issue a Section 148 reassessment notice where the taxpayer’s returned income exceeded Rs 20 lakh, rendering the proceedings void ab initio.
Also Read
ITAT Restores Thane Labour Law Practitioners Association’s Appeal for MeritsITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation PeriodRakul Preet Singh Breaks Silence on Income Tax Searches, Denies Any Link to Probe and Calls Reports False And SpeculativeITAT Deletes Commission Disallowance Under Section 40A(2)(b) for Lack of Comparable Basis
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2028My Recent Articles
- Rakul Preet Singh Breaks Silence on Income Tax Searches, Denies Any Link to Probe and Calls Reports False And Speculative
- CBI Court Jails Ex-Bank Manager 7 Years in Rs 3.61 Crore Loan Fraud Case
- Income Tax Department Imposes Rs 57.74 Crore Penalties on Emcure Pharmaceuticals for Seven Financial Years
- ICAI Releases Revised Handbook on E-Way Bill Under GST, Covering Latest Legal Changes, Portal Updates and Key Judicial Decisions
- CBI Arrests 5 in Mumbai Bribery Case After CPWD Engineer Allegedly Demanded Rs 70 Lakh for Wadala Land NOC
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts