Income Tax Appeal Verdict: A Detailed Examination of Saarthak Vanijya India Pvt. Ltd. vs. DCIT, Central Circle-28, Delhi
ITA No. 1473/DEL/2022 marks a significant case in the landscape of income tax appeals in India, involving Saarthak Vanijya India Pvt. Ltd., a company based in Varanasi, and the Deputy Commissioner of Income Tax, Central Circle-28, Delhi. The appeal centered around the reassessment notice for the Assessment Year 2013-14, challenging both its validity and the consequent tax liability implications.
Background of the Case
The appellant, Saarthak Vanijya India Pvt. Ltd., was served with a notice under section 148 of the Income Tax Act, 1961… (Content Continued) …