Approval not obtained from PCIT as required under the new provisions – Reassessment notice declared invalid and assessment stood nullified: Mumbai ITAT The judgment in the case of ACIT-19(1) v. Manish Financial [ I.T.A. No.5055/Mum/2024; Assessment Years: 2015-16 & 2016-17; Dt. of Judgement: 02.12.2024] [“D” Bench, Mum ITAT] stems from reassessment proceedings involving AYs2015-16 and…
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