https://www.taxtmi.com/caselaws?id=62906 The Tribunal allowed the appeal and quashed the reassessment proceedings initiated by the Assessing Officer. The Tribunal held that the reopening of the assessment was invalid as the necessary conditions under section 147 of the Income-tax Act were not met, and it was also barred by limitation. en-us Thu, 31 Aug 1995 00:00:00 +0530 Sat, 22 Jan 2011 14:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62906 The Tribunal allowed the appeal and quashed the reassessment proceedings initiated by the Assessing Officer. The Tribunal held that the reopening of the assessment was invalid as the necessary conditions under section 147 of the Income-tax Act were not met, and it was also barred by limitation. Case-Laws Income Tax Thu, 31 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62906