https://www.taxtmi.com/caselaws?id=63495 The Tribunal upheld the CIT(A)'s decision, quashing the reassessment proceedings for the assessment years in question. It found the reassessment under Section 147(a) of the Income-tax Act, 1961, unjustified due to lack of concrete material. Improper service of notice under Section 148 and procedural impropriety by the Assessing Officer were also cited as reasons for invalidating the reassessment. The Tribunal dismissed the revenue's appeals and partly allowed the assessee's cross objections. en-us Fri, 31 Dec 1999 00:00:00 +0530 Mon, 31 Jan 2011 12:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63495 The Tribunal upheld the CIT(A)'s decision, quashing the reassessment proceedings for the assessment years in question. It found the reassessment under Section 147(a) of the Income-tax Act, 1961, unjustified due to lack of concrete material. Improper service of notice under Section 148 and procedural impropriety by the Assessing Officer were also cited as reasons for invalidating the reassessment. The Tribunal dismissed the revenue's appeals and partly allowed the assessee's cross objections. Case-Laws Income Tax Fri, 31 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63495