https://www.taxtmi.com/caselaws?id=339290 The Tribunal quashed the reassessment proceedings as the Assessing Officer failed to independently apply his mind and relied on vague and insufficient information from the Investigation Wing. The appeal was allowed in favor of the assessee, with the reassessment being set aside. Other issues raised by the assessee were not addressed as they became moot. en-us Fri, 10 Feb 2017 00:00:00 +0530 Fri, 24 Feb 2017 00:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339290 The Tribunal quashed the reassessment proceedings as the Assessing Officer failed to independently apply his mind and relied on vague and insufficient information from the Investigation Wing. The appeal was allowed in favor of the assessee, with the reassessment being set aside. Other issues raised by the assessee were not addressed as they became moot. Case-Laws Income Tax Fri, 10 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339290