https://www.taxtmi.com/caselaws?id=70318 The Tribunal dismissed the appeal by the assessee, upholding the re-opening of assessment under section 148. The Tribunal held that the benefit of re-opening only favors the revenue, not the assessee, and that the Assessing Officer acted within jurisdiction in reassessment proceedings. The reassessment based on a non est original return and denial of section 10A benefit were deemed valid, with the Tribunal citing relevant case law to support its decision. Ultimately, the Tribunal found no merit in the assessee's contentions and ruled in favor of the revenue, dismissing the appeal. en-us Fri, 14 Sep 2007 00:00:00 +0530 Fri, 14 Jun 2013 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70318 The Tribunal dismissed the appeal by the assessee, upholding the re-opening of assessment under section 148. The Tribunal held that the benefit of re-opening only favors the revenue, not the assessee, and that the Assessing Officer acted within jurisdiction in reassessment proceedings. The reassessment based on a non est original return and denial of section 10A benefit were deemed valid, with the Tribunal citing relevant case law to support its decision. Ultimately, the Tribunal found no merit in the assessee's contentions and ruled in favor of the revenue, dismissing the appeal. Case-Laws Income Tax Fri, 14 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70318