https://www.taxtmi.com/caselaws?id=68404 The tribunal found that the notice issued under section 148 of the Income Tax Act was invalid as the Assessing Officer lacked sufficient grounds for reassessment. The tribunal ruled that the reasons provided by the AO did not meet the legal requirements for invoking section 147, leading to the quashing of all proceedings. Consequently, the appeal of the charitable trust was allowed, and the assessment order was set aside. en-us Fri, 24 Jun 2005 00:00:00 +0530 Sat, 03 Sep 2011 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68404 The tribunal found that the notice issued under section 148 of the Income Tax Act was invalid as the Assessing Officer lacked sufficient grounds for reassessment. The tribunal ruled that the reasons provided by the AO did not meet the legal requirements for invoking section 147, leading to the quashing of all proceedings. Consequently, the appeal of the charitable trust was allowed, and the assessment order was set aside. Case-Laws Income Tax Fri, 24 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68404