https://www.taxtmi.com/caselaws?id=248063 The Income Tax Appellate Tribunal (ITAT) allowed three appeals by the assessee challenging the reopening of proceedings under section 148 of the Income Tax Act and subsequent additions made on a protective basis. The ITAT directed the Assessing Officer to delete the additions made on a protective basis for all three assessment years, emphasizing the finality of the additions affirmed by the ITAT in block assessment proceedings. The judgment underscores the significance of consistency in assessments and the binding effect of final decisions on subsequent proceedings. en-us Fri, 25 Apr 2014 00:00:00 +0530 Sat, 31 May 2014 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248063 The Income Tax Appellate Tribunal (ITAT) allowed three appeals by the assessee challenging the reopening of proceedings under section 148 of the Income Tax Act and subsequent additions made on a protective basis. The ITAT directed the Assessing Officer to delete the additions made on a protective basis for all three assessment years, emphasizing the finality of the additions affirmed by the ITAT in block assessment proceedings. The judgment underscores the significance of consistency in assessments and the binding effect of final decisions on subsequent proceedings. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248063