https://www.taxtmi.com/caselaws?id=346897 The Tribunal invalidated the reassessment order for the assessment year 2007-08 under section 147 of the Income Tax Act, 1961, due to the Assessing Officer's failure to communicate reasons for reopening the case to the assessee. Emphasizing the necessity of strict compliance with the requirement of furnishing reasons, the Tribunal held that the absence of proof of reasons being provided rendered the reassessment order invalid. The Tribunal quashed the reassessment based on the jurisdictional issue of non-compliance with the statutory obligation to furnish reasons to the assessee. en-us Wed, 23 Aug 2017 00:00:00 +0530 Fri, 25 Aug 2017 07:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346897 The Tribunal invalidated the reassessment order for the assessment year 2007-08 under section 147 of the Income Tax Act, 1961, due to the Assessing Officer's failure to communicate reasons for reopening the case to the assessee. Emphasizing the necessity of strict compliance with the requirement of furnishing reasons, the Tribunal held that the absence of proof of reasons being provided rendered the reassessment order invalid. The Tribunal quashed the reassessment based on the jurisdictional issue of non-compliance with the statutory obligation to furnish reasons to the assessee. Case-Laws Income Tax Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346897