ACIT v. Mamta Agarwal (2025) 303 Taxman 327 (SC) Editorial: Saksham Commodities Ltd. v. ITO (2024) 161 taxmann.com 485 (Delhi)(HC)

S. 153C : Assessment-Income of any other person-Satisfaction-Mechanical reopening-Order quashed-SLP dismissed for delay and on merits.[S. 153A, Art. 136]

The High Court quashed proceedings under section 153C where no incriminating material was found for the years reopened and the satisfaction note failed to show how the material had a bearing on determination of total income. The Supreme Court dismissed revenue’s SLP for delay of 142 and 172 days and on merits. (AY. 2015-16)

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