https://www.taxtmi.com/caselaws?id=174864 The High Court held that the Income-tax Officer lacked jurisdiction to initiate subsequent proceedings under section 147 of the Income-tax Act, 1961 after earlier proceedings were dropped. The Court ruled in favor of the assessees, emphasizing that the Officer's actions were based on an error of judgment and not due to any fault on the assessees' part. The Court concluded that the reassessment proceedings were invalid, citing precedents to support its decision. No costs were awarded in the matter. en-us Fri, 14 Sep 1990 00:00:00 +0530 Mon, 26 Oct 2015 15:33:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174864 The High Court held that the Income-tax Officer lacked jurisdiction to initiate subsequent proceedings under section 147 of the Income-tax Act, 1961 after earlier proceedings were dropped. The Court ruled in favor of the assessees, emphasizing that the Officer's actions were based on an error of judgment and not due to any fault on the assessees' part. The Court concluded that the reassessment proceedings were invalid, citing precedents to support its decision. No costs were awarded in the matter. Case-Laws Income Tax Fri, 14 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174864