https://www.taxtmi.com/caselaws?id=173842 The Appellate Tribunal ITAT Lucknow quashed the reassessment proceedings for the assessment year 1998-99 under the Income Tax Act, 1961. The Tribunal held that the reassessment was invalid as there was no failure on the part of the assessee to disclose material facts within the prescribed four-year period. Consequently, the issues regarding additions made during the reassessment were not addressed, and the cross objection by the assessee was allowed while the appeal by the Assessing Officer was dismissed. en-us Fri, 07 Jun 2013 00:00:00 +0530 Wed, 23 Sep 2015 14:30:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173842 The Appellate Tribunal ITAT Lucknow quashed the reassessment proceedings for the assessment year 1998-99 under the Income Tax Act, 1961. The Tribunal held that the reassessment was invalid as there was no failure on the part of the assessee to disclose material facts within the prescribed four-year period. Consequently, the issues regarding additions made during the reassessment were not addressed, and the cross objection by the assessee was allowed while the appeal by the Assessing Officer was dismissed. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173842