https://www.taxtmi.com/caselaws?id=328180 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings and additions made by the Assessing Officer. The decision was based on the lack of tangible material for income escapement, rejection of documentary evidence without due process, and failure to independently determine the validity of the reassessment. The Tribunal's decision was guided by legal precedents and the requirement for an independent assessment by the Authorities. en-us Tue, 03 May 2016 00:00:00 +0530 Sat, 28 May 2016 08:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328180 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings and additions made by the Assessing Officer. The decision was based on the lack of tangible material for income escapement, rejection of documentary evidence without due process, and failure to independently determine the validity of the reassessment. The Tribunal's decision was guided by legal precedents and the requirement for an independent assessment by the Authorities. Case-Laws Income Tax Tue, 03 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328180