https://www.taxtmi.com/caselaws?id=346166 The Tribunal quashed the reassessment proceedings under Section 147, finding the AO had not independently applied his mind, leading to vague reasons for reopening without tangible material. Consequently, the notice under Section 148 and the subsequent assessment order were deemed invalid. The Tribunal allowed all five appeals of the assesses. en-us Tue, 03 Jan 2017 00:00:00 +0530 Fri, 04 Aug 2017 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346166 The Tribunal quashed the reassessment proceedings under Section 147, finding the AO had not independently applied his mind, leading to vague reasons for reopening without tangible material. Consequently, the notice under Section 148 and the subsequent assessment order were deemed invalid. The Tribunal allowed all five appeals of the assesses. Case-Laws Income Tax Tue, 03 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346166