https://www.taxtmi.com/caselaws?id=190291 The Tribunal allowed the appeal filed by the assessee, declaring the assessment void ab initio due to the absence of proper satisfaction under section 151 for reopening the assessment. The Tribunal emphasized the importance of ensuring proper satisfaction to prevent arbitrary exercise of power by the Assessing Officer, citing a case law from the Mumbai Tribunal. The Tribunal noted that the lack of the word 'approval' in the Addl. CIT's signature rendered the reopening invalid, distinguishing the case from a previous Mumbai Tribunal decision. Consequently, the appeal was allowed in favor of the assessee based on the legal ground, and the assessment was deemed void. en-us Wed, 18 Mar 2015 00:00:00 +0530 Sat, 11 Feb 2017 10:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190291 The Tribunal allowed the appeal filed by the assessee, declaring the assessment void ab initio due to the absence of proper satisfaction under section 151 for reopening the assessment. The Tribunal emphasized the importance of ensuring proper satisfaction to prevent arbitrary exercise of power by the Assessing Officer, citing a case law from the Mumbai Tribunal. The Tribunal noted that the lack of the word 'approval' in the Addl. CIT's signature rendered the reopening invalid, distinguishing the case from a previous Mumbai Tribunal decision. Consequently, the appeal was allowed in favor of the assessee based on the legal ground, and the assessment was deemed void. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190291