https://www.taxtmi.com/caselaws?id=216474 The Tribunal upheld the CIT(A)'s decision to quash the assessment made under section 147 and declared the re-assessment proceedings null and void. The Tribunal found that the Assessing Officer lacked sufficient grounds to initiate the proceedings under section 147, rendering the entire reassessment process invalid. Consequently, the Tribunal dismissed the revenue's appeals and did not restore the Assessing Officer's order. en-us Mon, 25 Jun 2012 00:00:00 +0530 Fri, 31 Aug 2012 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216474 The Tribunal upheld the CIT(A)'s decision to quash the assessment made under section 147 and declared the re-assessment proceedings null and void. The Tribunal found that the Assessing Officer lacked sufficient grounds to initiate the proceedings under section 147, rendering the entire reassessment process invalid. Consequently, the Tribunal dismissed the revenue's appeals and did not restore the Assessing Officer's order. Case-Laws Income Tax Mon, 25 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216474