Preliminary reassessment proceedings generally require statutory remedies unless jurisdiction is wholly absent or mandatory conditions are patently br...
Agricultural land classification requires cumulative factual indicators, while industrial-purpose land and absent agricultural use defeat reinvestment...
Validity of ex-parte assessment order u/s. 144 r.w.s. 147 - Delay in filing the appeal before the CIT(A) - The ITAT Mumbai allowed the appeal filed by the assessee, condoning the delay in filing the appeal due to the bona fide reasons provided. The Tribunal invalidated the reassessment proceedings and the assessment order due to the failure of the Revenue to produce evidence of the issuance and service of the notice u/s 148. Consequently, the grounds related to the validity of the reassessment proceedings and the assessment order were allowed, and the merits of the additions to the total income were left open.
Validity of ex-parte assessment order u/s. 144 r.w.s. 147 - Delay in filing the appeal before the CIT(A) - The ITAT Mumbai allowed the appeal filed by the assessee, condoning the delay in filing the appeal due to the bona fide reasons provided. The Tribunal invalidated the reassessment proceedings and the assessment order due to the failure of the Revenue to produce evidence of the issuance and service of the notice u/s 148. Consequently, the grounds related to the validity of the reassessment proceedings and the assessment order were allowed, and the merits of the additions to the total income were left open.
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