Subhash Chander Dabas vs Assistant Commissioner Of Income Tax

ik-24818348 Delhi High Court 5 December 2024 • 19 min read

Judges (2)

Dharmesh Sharma Coram Yashwant Varma Delivered

Counsel (8)

Gibran Naushad Counsel Respondent Hage Nanya Counsel Petitioner Manish Khurana Counsel Petitioner Priyanka Jindal Counsel Petitioner Ramesh Singh Counsel Petitioner Sakshi Shairwal Counsel Respondent Sumit K. Batra Counsel Petitioner Vipul Agrawal Counsel Respondent

Parties (2)

Assistant Commissioner of Income Tax Respondent Subhash Chander Dabas Petitioner

Case Significance

Subhash Chander Dabas vs Assistant Commissioner Of Income Tax is a Delhi High Court decision dated December 5, 2024 (citation: ik-24818348). The petitioner challenged a reassessment notice under Section 148 of the Income Tax Act for AY 2012-13, issued beyond the permissible limitation period. The Court found that the petitioner had not directly received remittances from the cooperative society and there was no failure to make full and true disclosure of material facts. The reassessment notice and consequent assessment order were quashed, though liberty was reserved to initiate fresh proceedings if permissible. The bench comprised Justices Dharmesh Sharma and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

The petitioner challenged a reassessment notice under Section 148 of the Income Tax Act for AY 2012-13, issued beyond the permissible limitation period. The Court found that the petitioner had not directly received remittances from the cooperative society and there was no failure to make full and true disclosure of material facts. The reassessment notice and consequent assessment order were quashed, though liberty was reserved to initiate fresh proceedings if permissible.

What was the outcome of Subhash Chander Dabas vs Assistant Commissioner Of Income Tax?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-24818348)