https://www.taxtmi.com/caselaws?id=268571 The court held that the reopening of assessment by the Assessing Officer was without authority of law as there was no valid reason to believe that income chargeable to tax had escaped assessment. The Tribunal's decision was upheld, dismissing the appeals and confirming that the reassessment was not justified. en-us Thu, 05 Nov 2015 00:00:00 +0530 Fri, 27 Nov 2015 23:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268571 The court held that the reopening of assessment by the Assessing Officer was without authority of law as there was no valid reason to believe that income chargeable to tax had escaped assessment. The Tribunal's decision was upheld, dismissing the appeals and confirming that the reassessment was not justified. Case-Laws Income Tax Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268571