https://www.taxtmi.com/caselaws?id=248145 The Court affirmed the Tribunal's decision to dismiss the Revenue's appeals challenging the reopening of assessment proceedings for AY 2004-05. The Court emphasized the similarity in grounds for reassessment between AY 2004-05 and AY 2003-04, where the Tribunal's decision had been upheld. Due to the lack of substantial legal questions and the precedent set by the previous year's judgment, the Court rejected the appeals, maintaining the original assessment for AY 2004-05. en-us Mon, 26 May 2014 00:00:00 +0530 Tue, 03 Jun 2014 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248145 The Court affirmed the Tribunal's decision to dismiss the Revenue's appeals challenging the reopening of assessment proceedings for AY 2004-05. The Court emphasized the similarity in grounds for reassessment between AY 2004-05 and AY 2003-04, where the Tribunal's decision had been upheld. Due to the lack of substantial legal questions and the precedent set by the previous year's judgment, the Court rejected the appeals, maintaining the original assessment for AY 2004-05. Case-Laws Income Tax Mon, 26 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248145