https://www.taxtmi.com/caselaws?id=192132 The Tribunal held the reassessment proceedings invalid as they were based on suspicion rather than a valid reason to believe, canceling the assessment made by the Assessing Officer under section 143(3) read with section 147. Consequently, the disputed additions made by the Assessing Officer were deemed irrelevant, and the appeal of the assessee was allowed, with the order pronounced in favor of the assessee on September 18, 2015. en-us Fri, 18 Sep 2015 00:00:00 +0530 Tue, 16 May 2017 06:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192132 The Tribunal held the reassessment proceedings invalid as they were based on suspicion rather than a valid reason to believe, canceling the assessment made by the Assessing Officer under section 143(3) read with section 147. Consequently, the disputed additions made by the Assessing Officer were deemed irrelevant, and the appeal of the assessee was allowed, with the order pronounced in favor of the assessee on September 18, 2015. Case-Laws Income Tax Fri, 18 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192132