https://www.taxtmi.com/caselaws?id=354627 The Tribunal ruled in favor of the assessee, quashing the reassessment order for A.Y. 2009-10 due to improper application of the law regarding income escapement and the relevant assessment year. The Tribunal emphasized the necessity for the assessing officer to adhere to the provisions of the Income Tax Act when initiating reassessments based on income escapement. en-us Tue, 05 Dec 2017 00:00:00 +0530 Thu, 01 Feb 2018 06:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354627 The Tribunal ruled in favor of the assessee, quashing the reassessment order for A.Y. 2009-10 due to improper application of the law regarding income escapement and the relevant assessment year. The Tribunal emphasized the necessity for the assessing officer to adhere to the provisions of the Income Tax Act when initiating reassessments based on income escapement. Case-Laws Income Tax Tue, 05 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354627