https://www.taxtmi.com/caselaws?id=68771 The Tribunal quashed the CIT's order under Section 263, ruling it was without jurisdiction as the original assessment under Section 148/143(3) was void. It found the reassessment proceedings under Section 148/147 illegal and void due to lack of basis. The Tribunal also held that the addition of undisclosed income based on the VDIS declaration was unjustified and that Section 69A was inapplicable. Both appeals filed by the assessee were allowed. en-us Wed, 14 Dec 2005 00:00:00 +0530 Wed, 03 Apr 2024 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68771 The Tribunal quashed the CIT's order under Section 263, ruling it was without jurisdiction as the original assessment under Section 148/143(3) was void. It found the reassessment proceedings under Section 148/147 illegal and void due to lack of basis. The Tribunal also held that the addition of undisclosed income based on the VDIS declaration was unjustified and that Section 69A was inapplicable. Both appeals filed by the assessee were allowed. Case-Laws Income Tax Wed, 14 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68771