https://www.taxtmi.com/caselaws?id=66876 The Tribunal quashed assessments for the years 1977-78 and 1978-79 due to improper belief formation by the Assessing Officer and procedural irregularities in issuing notices. Consequently, penalties under Section 271(1)(a) were set aside, and the appeals were allowed. en-us Wed, 26 Apr 1995 00:00:00 +0530 Mon, 07 Mar 2011 18:18:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66876 The Tribunal quashed assessments for the years 1977-78 and 1978-79 due to improper belief formation by the Assessing Officer and procedural irregularities in issuing notices. Consequently, penalties under Section 271(1)(a) were set aside, and the appeals were allowed. Case-Laws Income Tax Wed, 26 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66876