https://www.taxtmi.com/caselaws?id=77110 The High Court dismissed the appeal, upholding the Tribunal's decision to quash the reassessment order under section 143(3) of the Income-tax Act, 1961 for the assessment year 1989-90. The Court determined that the reassessment proceedings were covered by the proviso of section 142A inserted by the Finance (No. 2) Act, 2004, as the original assessment was conducted before the specified date. This case emphasizes compliance with statutory provisions and timelines in reassessment proceedings. en-us Thu, 30 Apr 2009 00:00:00 +0530 Fri, 01 Feb 2013 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77110 The High Court dismissed the appeal, upholding the Tribunal's decision to quash the reassessment order under section 143(3) of the Income-tax Act, 1961 for the assessment year 1989-90. The Court determined that the reassessment proceedings were covered by the proviso of section 142A inserted by the Finance (No. 2) Act, 2004, as the original assessment was conducted before the specified date. This case emphasizes compliance with statutory provisions and timelines in reassessment proceedings. Case-Laws Income Tax Thu, 30 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77110