Reopening order quashed as it was on the erroneous assumption that no return of income was filed – whereas the return was duly on record.

Reopening order quashed as it was on the erroneous assumption that no return of income was filed – whereas the return was duly on record.   We represented a matter before the Hon’ble Delhi ITAT, where the reopening of assessment under Sections 147/148 was quashed in entirety. The Assessing Officer had initiated reassessment on the…

The post Reopening order quashed as it was on the erroneous assumption that no return of income was filed – whereas the return was duly on record. appeared first on The Tax Talk.