https://www.taxtmi.com/caselaws?id=103443 The Tribunal concluded that the reopening of the assessment under section 147 of the Income Tax Act was invalid as it was based on District Valuation Officer's reports received after the original assessment. Consequently, the reopening was cancelled, the appeal by the assessee was allowed, and the appeal by the revenue was dismissed. The Tribunal did not address other grounds raised due to the invalidation of the assessment reopening. en-us Mon, 22 Oct 2001 00:00:00 +0530 Wed, 22 Feb 2012 18:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103443 The Tribunal concluded that the reopening of the assessment under section 147 of the Income Tax Act was invalid as it was based on District Valuation Officer's reports received after the original assessment. Consequently, the reopening was cancelled, the appeal by the assessee was allowed, and the appeal by the revenue was dismissed. The Tribunal did not address other grounds raised due to the invalidation of the assessment reopening. Case-Laws Income Tax Mon, 22 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103443