https://www.taxtmi.com/caselaws?id=240761 The Tribunal held that re-opening assessment proceedings under Section 147 on the same grounds as earlier Section 263 proceedings, without new material or reasonable belief of income escaping assessment, was impermissible. Citing legal precedents and Supreme Court judgment, the Tribunal found the Assessing Officer lacked jurisdiction to circumvent higher authorities' final orders. Dismissing the appeals, the Tribunal emphasized that re-opening assessments without valid reasons or new material was unjustified, establishing the principle against such actions. en-us Thu, 26 Sep 2013 00:00:00 +0530 Wed, 11 Dec 2013 09:37:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240761 The Tribunal held that re-opening assessment proceedings under Section 147 on the same grounds as earlier Section 263 proceedings, without new material or reasonable belief of income escaping assessment, was impermissible. Citing legal precedents and Supreme Court judgment, the Tribunal found the Assessing Officer lacked jurisdiction to circumvent higher authorities' final orders. Dismissing the appeals, the Tribunal emphasized that re-opening assessments without valid reasons or new material was unjustified, establishing the principle against such actions. Case-Laws Income Tax Thu, 26 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240761