https://www.taxtmi.com/caselaws?id=186182 The appeal was filed against the order upholding the reassessment under section 147 and the addition under section 68 of the Income Tax Act for the assessment year 2002-03. The appellant successfully argued that the conditions for reopening the assessment were not met, as the reasons for reassessment were not provided to them. The Tribunal admitted the additional ground challenging the reassessment, directing the Assessing Officer to furnish the reasons and allowing the appellant to file objections. The matter was remanded for proper consideration, following procedural steps outlined in previous judgments, ultimately granting the appellant the opportunity for a fair reassessment process. en-us Fri, 23 Apr 2010 00:00:00 +0530 Fri, 09 Sep 2016 13:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186182 The appeal was filed against the order upholding the reassessment under section 147 and the addition under section 68 of the Income Tax Act for the assessment year 2002-03. The appellant successfully argued that the conditions for reopening the assessment were not met, as the reasons for reassessment were not provided to them. The Tribunal admitted the additional ground challenging the reassessment, directing the Assessing Officer to furnish the reasons and allowing the appellant to file objections. The matter was remanded for proper consideration, following procedural steps outlined in previous judgments, ultimately granting the appellant the opportunity for a fair reassessment process. Case-Laws Income Tax Fri, 23 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186182