https://www.taxtmi.com/caselaws?id=191327 The Tribunal upheld the decision of the Commissioner of Income Tax(A) in favor of the assessee, ruling that the reopening of the assessment was not in accordance with the provisions of the Act and was therefore null and void. The Tribunal emphasized that the satisfaction of one authority cannot be substituted by another and that the Assessing Officer should have obtained permission from the Joint/Additional Commissioner of Income tax as required by law. The revenue's appeal was dismissed, affirming that the reassessment was invalid. en-us Fri, 28 Jun 2013 00:00:00 +0530 Thu, 30 Mar 2017 16:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191327 The Tribunal upheld the decision of the Commissioner of Income Tax(A) in favor of the assessee, ruling that the reopening of the assessment was not in accordance with the provisions of the Act and was therefore null and void. The Tribunal emphasized that the satisfaction of one authority cannot be substituted by another and that the Assessing Officer should have obtained permission from the Joint/Additional Commissioner of Income tax as required by law. The revenue's appeal was dismissed, affirming that the reassessment was invalid. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191327