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Delhi High Court Upholds Reopening of Assessment in Accommodation Entry Case: “The Expression ‘Yes, I Am Convinced It Is a Fit Case for Reopening’ Meets the Mandate of Section 151”

Court’s Decision The Delhi High Court set aside an order of the Income Tax Appellate Tribunal (ITAT) that had quashed reassessment proceedings against a company alleged to have received ₹25…

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Rawlaw October 9, 2025

Posted inNews

Delhi High Court Holds that “Assessment Cannot Be Reopened Beyond Four Years Without Failure to Disclose Material Facts” — Protects Finality of Assessments Under Income Tax Law

Court’s Decision The Delhi High Court quashed the reassessment proceedings initiated beyond the permissible period of four years under Section 147 of the Income Tax Act, holding that the Revenue…

Posted by

Rawlaw August 16, 2025

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