https://www.taxtmi.com/caselaws?id=11339 The court rejected the reference application concerning the validity of reassessment proceedings under section 147(b) of the Income-tax Act, 1961. It emphasized that the original assessment had addressed the valuation issue, and the Commissioner of Income-tax (Appeals) had already deemed the reassessment invalid due to procedural errors. The court found no question of law arising from the Tribunal's decision, ultimately denying the reference application. en-us Wed, 30 Oct 2002 00:00:00 +0530 Thu, 06 Aug 2009 20:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11339 The court rejected the reference application concerning the validity of reassessment proceedings under section 147(b) of the Income-tax Act, 1961. It emphasized that the original assessment had addressed the valuation issue, and the Commissioner of Income-tax (Appeals) had already deemed the reassessment invalid due to procedural errors. The court found no question of law arising from the Tribunal's decision, ultimately denying the reference application. Case-Laws Income Tax Wed, 30 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11339