The case ITA No. 771/DEL/2019 involves Dabur Invest Corp against JCIT, Range-46, New Delhi for the assessment year 2013-14. The primary contention revolves around the revisions made under section 263 by the CIT, which were subsequently addressed by the ITAT.
The appeals by Dabur Invest Corp were against the orders dated December 28 and 31, 2018, by CIT(A)-16, New Delhi, pertaining to the assessment years 2013-14 and 2014-15. The case was notably handled by Shri R.K. Panda, Accountant Member, and Shri Kuldip Singh, Judicial Member.
The appellant’s representative argued that the CIT’s revision under section 263 was unjustified and was previously quashed in related proceedings, thereby rendering the current assessments void. The tribunal’s earlier decision to restore the Assessing Officer’s original orders was pivotal in the discussions.
On April 25, 2019, the tribunal concluded that the revisionary orders under section 263 did not hold as they were already quashed in earlier proceedings, leading to the dismissal of the appeal by the revenue and allowing of the appeals by the assessee for both assessment years. This decision underlines the tribunal’s stance on unjustified revisions and emphasizes the sanctity of the original assessment orders.
The outcome of ITA No. 771/DEL/2019 is significant as it reaffirms the tribunal’s authority in quashing revisions that lack substantial grounds, ensuring that the assessment proceedings adhere to legal standards without unwarranted interruptions.
Comprehensive Case Review: Dabur Invest Corp vs JCIT for AY 2013-14
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