https://www.taxtmi.com/caselaws?id=253160 The Tribunal held that the Assessing Officer was not justified in initiating proceedings under section 147 of the Income Tax Act without fresh material emerging after the return of income was filed. Consequently, the assessment based on the invalid notice under section 148 was deemed invalid and quashed. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. en-us Fri, 28 Mar 2014 00:00:00 +0530 Mon, 17 Nov 2014 06:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253160 The Tribunal held that the Assessing Officer was not justified in initiating proceedings under section 147 of the Income Tax Act without fresh material emerging after the return of income was filed. Consequently, the assessment based on the invalid notice under section 148 was deemed invalid and quashed. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. Case-Laws Income Tax Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253160