https://www.taxtmi.com/caselaws?id=782015 ITAT Delhi-AT dismissed the Revenue's appeal, upholding the order of CIT(A) that quashed the reassessment proceedings initiated u/s 147 on the ground of an invalid notice u/s 148. As the Revenue did not challenge the CIT(A)'s finding on the invalidity of the notice, those observations attained finality. Consequently, once the reassessment itself was held void, there was no occasion to adjudicate on the additions made for alleged unexplained expenditure u/s 69A/69C. The Tribunal followed its earlier decision in ACIT v. Green Gem Estate Pvt. Ltd. en-us Wed, 08 Oct 2025 00:00:00 +0530 Mon, 24 Nov 2025 08:57:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782015 ITAT Delhi-AT dismissed the Revenue's appeal, upholding the order of CIT(A) that quashed the reassessment proceedings initiated u/s 147 on the ground of an invalid notice u/s 148. As the Revenue did not challenge the CIT(A)'s finding on the invalidity of the notice, those observations attained finality. Consequently, once the reassessment itself was held void, there was no occasion to adjudicate on the additions made for alleged unexplained expenditure u/s 69A/69C. The Tribunal followed its earlier decision in ACIT v. Green Gem Estate Pvt. Ltd. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782015