https://www.taxtmi.com/caselaws?id=338816 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeal. The reassessment proceedings were deemed invalid due to the lack of new material and the reassessment being based on a change of opinion. Additionally, the non-issuance of a notice under Section 143(2) rendered the reassessment order invalid. The Tribunal did not address the specific inclusion of the disputed incomes in the composite income, as the reassessment proceedings themselves were found invalid. The appeal of the revenue was dismissed. en-us Fri, 03 Feb 2017 00:00:00 +0530 Sat, 11 Feb 2017 10:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338816 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeal. The reassessment proceedings were deemed invalid due to the lack of new material and the reassessment being based on a change of opinion. Additionally, the non-issuance of a notice under Section 143(2) rendered the reassessment order invalid. The Tribunal did not address the specific inclusion of the disputed incomes in the composite income, as the reassessment proceedings themselves were found invalid. The appeal of the revenue was dismissed. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338816