https://www.taxtmi.com/caselaws?id=263722 Fresh reassessment notices for the same assessment years cannot be issued while earlier reassessment proceedings are still pending and the statutory period for completing them has not expired. The court applied the principle that a parallel reopening is barred until the first reassessment is concluded in accordance with law. On that basis, subsequent reassessment notices were treated as impermissible, and the annulment of the assessments on limitation grounds was upheld because the later proceedings could not cure the defect in the subsisting reassessment process. en-us Wed, 02 Sep 2015 00:00:00 +0530 Wed, 09 Sep 2015 08:46:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263722 Fresh reassessment notices for the same assessment years cannot be issued while earlier reassessment proceedings are still pending and the statutory period for completing them has not expired. The court applied the principle that a parallel reopening is barred until the first reassessment is concluded in accordance with law. On that basis, subsequent reassessment notices were treated as impermissible, and the annulment of the assessments on limitation grounds was upheld because the later proceedings could not cure the defect in the subsisting reassessment process. Case-Laws Income Tax Wed, 02 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263722