ITAT Visakhapatnam Judgments — August 2026

The Tribunal condoned the delay in filing the appeal due to the assessee's medical condition. It was held that the notice issued under Section 148 was beyond the prescribed limitation period and therefore invalid.

The Tribunal held that since the revision order under Section 263 was already set aside by a previous ITAT order, the reassessment order based on it had no legal standing. Therefore, the CIT(A)'s decision to annul the reassessment was upheld.