https://www.taxtmi.com/caselaws?id=345759 The High Court ruled in favor of the Revenue, setting aside the Tribunal's order and allowing the appeal against the respondent-assessee. The Court emphasized that the re-assessment proceedings were valid as they were not based on a change of opinion due to the absence of an assessment order under Section 143(3). The judgment highlighted the significance of correctly interpreting the legal provisions and sequence of events in assessment proceedings to determine the legality of re-assessment actions. en-us Tue, 18 Jul 2017 00:00:00 +0530 Wed, 26 Jul 2017 08:16:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345759 The High Court ruled in favor of the Revenue, setting aside the Tribunal's order and allowing the appeal against the respondent-assessee. The Court emphasized that the re-assessment proceedings were valid as they were not based on a change of opinion due to the absence of an assessment order under Section 143(3). The judgment highlighted the significance of correctly interpreting the legal provisions and sequence of events in assessment proceedings to determine the legality of re-assessment actions. Case-Laws Income Tax Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345759