https://www.taxtmi.com/caselaws?id=66874 The Tribunal ruled in favor of the assessee, quashing the reassessment order dated 20-3-1984 due to improper notice under Section 148 and the assessment being time-barred. The penalty under Section 271(1)(c) was also canceled as it was based on the invalid reassessment order. The assessee's appeal was allowed, and the revenue's appeal was dismissed. en-us Fri, 27 May 1994 00:00:00 +0530 Mon, 07 Mar 2011 18:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66874 The Tribunal ruled in favor of the assessee, quashing the reassessment order dated 20-3-1984 due to improper notice under Section 148 and the assessment being time-barred. The penalty under Section 271(1)(c) was also canceled as it was based on the invalid reassessment order. The assessee's appeal was allowed, and the revenue's appeal was dismissed. Case-Laws Income Tax Fri, 27 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66874