https://www.taxtmi.com/caselaws?id=120208 The Tribunal dismissed the appeals by both parties and upheld the CIT(A)'s orders regarding assessments for the years 1986-87 and 1987-88. The reassessment orders under section 144 were quashed due to procedural irregularities, necessitating a fresh assessment with proper compliance. The Tribunal found in favor of the CIT(A)'s directions, emphasizing fair assessments and adherence to legal procedures in tax matters. en-us Thu, 13 Apr 2006 00:00:00 +0530 Tue, 17 Jul 2012 15:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120208 The Tribunal dismissed the appeals by both parties and upheld the CIT(A)'s orders regarding assessments for the years 1986-87 and 1987-88. The reassessment orders under section 144 were quashed due to procedural irregularities, necessitating a fresh assessment with proper compliance. The Tribunal found in favor of the CIT(A)'s directions, emphasizing fair assessments and adherence to legal procedures in tax matters. Case-Laws Income Tax Thu, 13 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120208