https://www.taxtmi.com/caselaws?id=174020 The Tribunal allowed the appeal, quashing the reassessment order under section 143(3) r.w.s. 147 as null and void due to the AO's failure to provide reasons for reopening the assessment. The Tribunal emphasized the importance of furnishing reasons within a reasonable time, citing legal precedents. As a result, the confirmation of additions made by the Assessing Officer was not addressed, as the assessment itself was invalidated. The judgment was pronounced on 25th March 2013. en-us Mon, 25 Mar 2013 00:00:00 +0530 Wed, 24 May 2017 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174020 The Tribunal allowed the appeal, quashing the reassessment order under section 143(3) r.w.s. 147 as null and void due to the AO's failure to provide reasons for reopening the assessment. The Tribunal emphasized the importance of furnishing reasons within a reasonable time, citing legal precedents. As a result, the confirmation of additions made by the Assessing Officer was not addressed, as the assessment itself was invalidated. The judgment was pronounced on 25th March 2013. Case-Laws Income Tax Mon, 25 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174020