https://www.taxtmi.com/caselaws?id=326243 The Tribunal quashed the reopening proceedings under sections 147/148 of the Income Tax Act for both assessment years, declaring them without jurisdiction and not sustainable in law. The recalculations and reductions made by the Assessing Officer were invalidated due to the quashing of the reopening, as the basis for such reductions no longer existed. The appeals of the assessee were allowed for both assessment years, leading to the quashing of the reopening under sections 147/148. en-us Fri, 08 Apr 2016 00:00:00 +0530 Wed, 10 Apr 2019 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326243 The Tribunal quashed the reopening proceedings under sections 147/148 of the Income Tax Act for both assessment years, declaring them without jurisdiction and not sustainable in law. The recalculations and reductions made by the Assessing Officer were invalidated due to the quashing of the reopening, as the basis for such reductions no longer existed. The appeals of the assessee were allowed for both assessment years, leading to the quashing of the reopening under sections 147/148. Case-Laws Income Tax Fri, 08 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326243