https://www.taxtmi.com/caselaws?id=350186 The court dismissed the writ petition challenging reassessment proceedings under Sections 147 and 148 of the Income Tax Act, 1961. It emphasized the need for a thorough examination of the taxability of interest on enhanced compensation and consideration of relevant Supreme Court decisions during reassessment. The court advised the assessing officer to address the petitioner's contentions in detail during the reassessment process. en-us Fri, 27 Oct 2017 00:00:00 +0530 Wed, 01 Nov 2017 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350186 The court dismissed the writ petition challenging reassessment proceedings under Sections 147 and 148 of the Income Tax Act, 1961. It emphasized the need for a thorough examination of the taxability of interest on enhanced compensation and consideration of relevant Supreme Court decisions during reassessment. The court advised the assessing officer to address the petitioner's contentions in detail during the reassessment process. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350186