https://www.taxtmi.com/caselaws?id=332880 The Tribunal quashed the reassessment proceedings for the assessment years 2008-09 and 2009-10, finding that the initiation of reassessment under section 147 was based on incorrect facts and assumptions. The Tribunal held that the entire proceedings were void ab initio, leading to the appeals of the assessee being allowed. en-us Wed, 15 Jun 2016 00:00:00 +0530 Wed, 28 Sep 2016 08:51:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332880 The Tribunal quashed the reassessment proceedings for the assessment years 2008-09 and 2009-10, finding that the initiation of reassessment under section 147 was based on incorrect facts and assumptions. The Tribunal held that the entire proceedings were void ab initio, leading to the appeals of the assessee being allowed. Case-Laws Income Tax Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332880