https://www.taxtmi.com/caselaws?id=250814 The Tribunal upheld the CIT(A)'s decision to quash the reassessment order, confirming that the reopening of the assessment was invalid due to the AO's failure to demonstrate the assessee's non-disclosure of material facts and lack of necessary approvals. The appeal filed by the AO was dismissed, and the order of the CIT(A) was confirmed. The Tribunal emphasized the importance of adhering to statutory requirements and proper jurisdictional conditions for reopening assessments. en-us Wed, 20 Aug 2014 00:00:00 +0530 Tue, 26 Aug 2014 15:37:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250814 The Tribunal upheld the CIT(A)'s decision to quash the reassessment order, confirming that the reopening of the assessment was invalid due to the AO's failure to demonstrate the assessee's non-disclosure of material facts and lack of necessary approvals. The appeal filed by the AO was dismissed, and the order of the CIT(A) was confirmed. The Tribunal emphasized the importance of adhering to statutory requirements and proper jurisdictional conditions for reopening assessments. Case-Laws Income Tax Wed, 20 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250814