https://www.taxtmi.com/caselaws?id=262404 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings initiated by the AO under section 147 of the Income-tax Act, 1961. The reassessment was deemed invalid as the assessee had disclosed all material facts during the original assessment under section 143(3), and no new undisclosed information was presented. Consequently, both the revenue's appeal and the assessee's Cross-Objection were dismissed. en-us Wed, 07 Jan 2015 00:00:00 +0530 Mon, 10 Aug 2015 05:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262404 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings initiated by the AO under section 147 of the Income-tax Act, 1961. The reassessment was deemed invalid as the assessee had disclosed all material facts during the original assessment under section 143(3), and no new undisclosed information was presented. Consequently, both the revenue's appeal and the assessee's Cross-Objection were dismissed. Case-Laws Income Tax Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262404