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ITAT Delhi Quashes Section 153C Assessments for AYs Outside Ten-Year Block Period
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AdvertisementDCIT Vs Suprobha Behera (ITAT Delhi) The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) disposed of the Revenue’s appeals and the assessee’s cross-objections for Assessment Years (AYs) 2010-11 to 2013-14 arising from the orders of the Commissioner of Income Tax (Appeals) [CIT(A)], which had quashed assessments framed under Sections 153C/144 of the Income-tax Act, 1961.
The Revenue challenged the CIT(A)’s decision on several grounds.
It contended that the CIT(A) had wrongly relied upon the judgment of the Delhi High Court in PCIT, Central-1, Delhi vs. Ojjus Medicare Pvt.
Ltd., de...