https://www.taxtmi.com/caselaws?id=183946 The tribunal allowed the appeal, declaring the initiation of proceedings u/s 147 invalid and quashing the assessment made thereafter. The judgment emphasized the importance of the Assessing Officer applying their mind to the material before initiating proceedings under sec. 147 of the Income Tax Act, 1961. en-us Thu, 28 Apr 2016 00:00:00 +0530 Mon, 27 Jun 2016 10:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183946 The tribunal allowed the appeal, declaring the initiation of proceedings u/s 147 invalid and quashing the assessment made thereafter. The judgment emphasized the importance of the Assessing Officer applying their mind to the material before initiating proceedings under sec. 147 of the Income Tax Act, 1961. Case-Laws Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183946