#ITA

ITAT Delhi rules that reassessment proceedings based on third-party statements without affording the assessee the right to cross-examination violate principles of natural justice, rendering the order null and void. The decision underscores procedural fairness in tax assessments, particularly where additions hinge on unverified external evidence.

ITAT Dehradun reinforces that once a coordinate bench quashes a revisionary order under Section 263 of the Income Tax Act, the same order cannot be revived or re-exercised by the CIT(A). The ruling underscores judicial finality, preventing repetitive revisionary actions on identical grounds and protecting assessees from procedural harassment.