https://www.taxtmi.com/caselaws?id=252685 The Tribunal dismissed the Revenue's appeal, upheld the assessee's cross-objection, and quashed the reassessment proceedings. The additions made by the AO were deleted as the Tribunal emphasized the importance of proper evidence over suspicion. The Tribunal highlighted the invalidity of multiple assessments for the same year and stressed the significance of correct service of notice. en-us Fri, 17 Oct 2014 00:00:00 +0530 Sat, 01 Nov 2014 06:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252685 The Tribunal dismissed the Revenue's appeal, upheld the assessee's cross-objection, and quashed the reassessment proceedings. The additions made by the AO were deleted as the Tribunal emphasized the importance of proper evidence over suspicion. The Tribunal highlighted the invalidity of multiple assessments for the same year and stressed the significance of correct service of notice. Case-Laws Income Tax Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252685