The case involves Anil from Meerut who is contesting the income tax reassessment for the assessment year 2009-10 as executed by the Income-tax Officer, Ward-1(1), Meerut. The main contention revolves around the reopening of the assessment under section 147 and the subsequent assessment order.
Appellant: Anil, S/o Sh. Asharam, Village Bahadurpur, Meerut.
Respondent: Income-tax Officer, Ward-1(1), Meerut.
Assessment Year: 2009-10
Order Date: September 5, 2023
PAN: BWZPA7981C
Anil raised several grounds questioning the validity of the reassessment proceedings initiated by the ITO. The appeal challenges the procedural and substantial aspects, claiming that:
The Tribunal, led by Shri Kul Bharat, Judicial Member, delved into each contention raised by Anil. Key observations included:
The Tribunal concluded that the reassessment was flawed in both initiation and execution. Therefore, the addition made by the AO was deleted, and the appeal was partly allowed in favor of Anil.
This case underlines the critical importance of adhering to legal and procedural requirements in tax assessments and reassessments. It highlights the necessity for tax authorities to ensure accurate and fair processing of cases, especially when dealing with issues like income escaping assessment.
Order pronounced in open court on September 5, 2023.
Assessment Year 2009-10 Appeal – Anil vs. ITO Ward-1(1), Meerut (ITA 1703/DEL/2020)
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