https://www.taxtmi.com/caselaws?id=268481 The Tribunal ruled in favor of the assessee, quashing the reassessment orders for the years under appeal due to the failure to communicate reasons for initiating proceedings under section 148 of the Act. The decision emphasized the significance of providing reasons for reopening assessments and aligned with legal precedents, ultimately allowing all the appeals raised by the assessee. en-us Wed, 04 Nov 2015 00:00:00 +0530 Fri, 27 Nov 2015 10:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268481 The Tribunal ruled in favor of the assessee, quashing the reassessment orders for the years under appeal due to the failure to communicate reasons for initiating proceedings under section 148 of the Act. The decision emphasized the significance of providing reasons for reopening assessments and aligned with legal precedents, ultimately allowing all the appeals raised by the assessee. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268481