Where the reasons on the basis of which the reassessment proceedings were opened had been deleted; no other addition or disallowance on any other grounds, could be sustained
Delhi High court recently in the case of Valmik Thapar v. PCIT [ITA 182/2021] , dated 25.03.2025 has held that where the reasons basis which the reassessment proceedings were opened had been deleted; no other addition or disallowance on any other grounds, could be sustained
The Court further rejected revenue’s contention to reconsider those decisions where similar law has been laid down.
The copy of the order is as under:
