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ITAT Delhi Quashed Reassessment For Wrong Assumption of Facts

SEO Expert January 5, 2026

The Tribunal held that reassessment proceedings fail when the foundational assumption behind reopening is factually incorrect. It ruled that “reasons to believe” must exist in reality at the time of recording, failing which the entire reassessment becomes void ab initio.

The post ITAT Delhi Quashed Reassessment For Wrong Assumption of Facts appeared first on TaxGuru.

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