https://www.taxtmi.com/caselaws?id=241447 The Tribunal held that the initiation of proceedings under Section 147/148 was invalid due to being based on the same material considered in a previously quashed block assessment. Consequently, the reassessment disallowing the deduction under Section 54F was deemed unnecessary, and the appeals of the assessee were allowed. en-us Thu, 28 Feb 2013 00:00:00 +0530 Fri, 15 Nov 2013 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241447 The Tribunal held that the initiation of proceedings under Section 147/148 was invalid due to being based on the same material considered in a previously quashed block assessment. Consequently, the reassessment disallowing the deduction under Section 54F was deemed unnecessary, and the appeals of the assessee were allowed. Case-Laws Income Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241447