https://www.taxtmi.com/caselaws?id=181444 The Tribunal upheld the deletion of disallowance of distribution expenses and depreciation claim for the assessment year 2001-02. The department's appeal challenging the deletion of distribution expenses was rejected, citing lack of verifiable support and previous Tribunal decisions in favor of the assessee. The reassessment process was canceled due to insufficient grounds for income escapement, rendering it void ab initio. The notice issued under section 148 was deemed invalid, resulting in the dismissal of the revenue's appeal and the allowance of the assessee's appeal. en-us Fri, 31 Jul 2015 00:00:00 +0530 Mon, 18 Apr 2016 08:16:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181444 The Tribunal upheld the deletion of disallowance of distribution expenses and depreciation claim for the assessment year 2001-02. The department's appeal challenging the deletion of distribution expenses was rejected, citing lack of verifiable support and previous Tribunal decisions in favor of the assessee. The reassessment process was canceled due to insufficient grounds for income escapement, rendering it void ab initio. The notice issued under section 148 was deemed invalid, resulting in the dismissal of the revenue's appeal and the allowance of the assessee's appeal. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181444