https://www.taxtmi.com/caselaws?id=326881 The Tribunal found the assessment under sec. 147, along with subsequent additions, void-ab-initio due to the Assessing Officer's lack of proper application of mind, rendering the initiation of proceedings invalid. The appeal challenging the validity of the addition made by the Assessing Officer was allowed as the Tribunal concluded that the Officer had relied on "borrowed satisfaction" from the Investigation Wing, failing to independently apply his mind. en-us Tue, 15 Mar 2016 00:00:00 +0530 Wed, 27 Apr 2016 10:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326881 The Tribunal found the assessment under sec. 147, along with subsequent additions, void-ab-initio due to the Assessing Officer's lack of proper application of mind, rendering the initiation of proceedings invalid. The appeal challenging the validity of the addition made by the Assessing Officer was allowed as the Tribunal concluded that the Officer had relied on "borrowed satisfaction" from the Investigation Wing, failing to independently apply his mind. Case-Laws Income Tax Tue, 15 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326881