https://www.taxtmi.com/caselaws?id=467374 ITAT considered whether clause (b) of Section 249(4) - requiring payment equal to advance tax to preserve an appeal - applies to reassessment proceedings under Section 148 where the original return was filed and advance tax corresponding to returned income was paid. The Tribunal held that the advance-tax payment condition for adjudication is not applicable to defeat an appeal in reassessment when reassessment benefits revenue and the original return/advance tax position exists, and accordingly set aside the CIT(A) dismissal and restored the appeal for fresh disposal. en-us Tue, 16 Apr 2024 00:00:00 +0530 Mon, 16 Mar 2026 19:04:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467374 ITAT considered whether clause (b) of Section 249(4) - requiring payment equal to advance tax to preserve an appeal - applies to reassessment proceedings under Section 148 where the original return was filed and advance tax corresponding to returned income was paid. The Tribunal held that the advance-tax payment condition for adjudication is not applicable to defeat an appeal in reassessment when reassessment benefits revenue and the original return/advance tax position exists, and accordingly set aside the CIT(A) dismissal and restored the appeal for fresh disposal. Case-Laws Income Tax Tue, 16 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467374