https://www.taxtmi.com/caselaws?id=207595 The Tribunal held that the reassessment proceedings initiated by the AO were invalid and without jurisdiction as the reasons recorded did not satisfy the requirements of Section 147 of the Income-tax Act, 1961. The reassessment order was canceled, and the appeal filed by the assessee was allowed. en-us Tue, 15 Nov 2011 00:00:00 +0530 Sat, 17 Dec 2011 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207595 The Tribunal held that the reassessment proceedings initiated by the AO were invalid and without jurisdiction as the reasons recorded did not satisfy the requirements of Section 147 of the Income-tax Act, 1961. The reassessment order was canceled, and the appeal filed by the assessee was allowed. Case-Laws Income Tax Tue, 15 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207595