https://www.taxtmi.com/caselaws?id=328667 The Tribunal invalidated the reopening of assessment under section 148 due to the Assessing Officer's failure to provide reasons, emphasizing the necessity of furnishing reasons for the Assessee to defend against the reopening. Consequently, the Tribunal allowed the appeal solely on the legality aspect, quashing the assessment order without addressing the merits of the addition of income under section 144. The decision underscored the importance of procedural fairness and upholding the Assessee's rights by requiring the AO to provide reasons for reopening assessments. en-us Fri, 03 Jun 2016 00:00:00 +0530 Sat, 16 Jul 2016 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328667 The Tribunal invalidated the reopening of assessment under section 148 due to the Assessing Officer's failure to provide reasons, emphasizing the necessity of furnishing reasons for the Assessee to defend against the reopening. Consequently, the Tribunal allowed the appeal solely on the legality aspect, quashing the assessment order without addressing the merits of the addition of income under section 144. The decision underscored the importance of procedural fairness and upholding the Assessee's rights by requiring the AO to provide reasons for reopening assessments. Case-Laws Income Tax Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328667