Sarabjit Singh Bedi (AY: 2017-18)

Parties Involved

Facts Summary

This appeal is preferred by the assessee, Sarabjit Singh Bedi, against the order dated 28.05.2025 of the Commissioner of Income-tax (Appeals)-27, New Delhi, in Appeals No: Delhi CIT(A)-27//11175/2016-17 arising out of the appeal before it against the order dated 25.08.2023 passed u/s 147 r.w.s 143(3) of the Income Tax Act, 1961 by the ACIT, Central Circle-20, Delhi for AY: 2017-18. The assessee contends that the proceedings initiated under section 148 of the Act are void ab initio as the notice was issued beyond three assessment years and the alleged escaped income of Rs. 35,00,000/- does not meet the threshold of Rs. 50,00,000/- required under section 149 of the Act.…

Legal Issues

• 1. Whether the proceedings initiated under section 148 of the Act are valid when the notice was issued beyond three assessment years and the alleged escaped income does not meet the threshold of Rs. 50,00,000/- under section 149 of the Act.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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