https://www.taxtmi.com/caselaws?id=237828 The appeal was allowed, setting aside the Tribunal's decision and emphasizing the importance of procedural compliance in tax assessments. The Court found the reopening of the assessment to be valid based on prima facie material, contrary to the Commissioner's ruling. However, due to a dispute over the notice under Section 143(2) of the Income Tax Act, the Court directed a fresh decision, stressing the necessity of adhering to legal procedures and allowing the Revenue to seek additional evidence in accordance with the law. en-us Tue, 28 Feb 2012 00:00:00 +0530 Wed, 09 Oct 2013 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237828 The appeal was allowed, setting aside the Tribunal's decision and emphasizing the importance of procedural compliance in tax assessments. The Court found the reopening of the assessment to be valid based on prima facie material, contrary to the Commissioner's ruling. However, due to a dispute over the notice under Section 143(2) of the Income Tax Act, the Court directed a fresh decision, stressing the necessity of adhering to legal procedures and allowing the Revenue to seek additional evidence in accordance with the law. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237828