The case of Abha Bansal vs. Principal Commissioner of Income Tax, Central, Gurgaon, adjudicated by the Income Tax Appellate Tribunal, Delhi Bench ‘G’, pertains to the assessment year 2017-18, highlighting key issues in tax assessments and the role of judicial oversight.
Abha Bansal, a resident of Gurgaon, was assessed by the PCIT, Central, Gurgaon, for the year 2017-18. The appeal, numbered ITA 383/DEL/2021, was filed against revisions made by the PCIT that were perceived as prejudicial to the taxpayer’s interests.
Presided over by Shri Challa Nagendra Prasad, Judicial Member, and Shri Pradip Kumar Kedia, Accountant Member, the tribunal examined the procedural and substantive aspects of the case. The primary issue was whether the revisions to the assessment were justified and whether they adhered to the principles of natural justice and statutory provisions.
The tribunal’s decision emphasized the importance of proper inquiry and adherence to legal standards. It highlighted the procedural safeguards that should govern tax assessments and revisions, ensuring that the taxpayer’s rights are not unduly compromised.
This case serves as an important precedent for understanding the limits of revisionary powers of tax authorities and the protections afforded to taxpayers. The detailed analysis of the tribunal’s decision sheds light on the intricate balance between administrative discretion and taxpayer rights.
Case Review: Abha Bansal vs. PCIT, Central, Gurgaon for Assessment Year 2017-18 (ITA 383/DEL/2021)
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform