https://www.taxtmi.com/caselaws?id=355450 The Tribunal invalidated the reassessment due to the lack of proper application of mind by the Addl.CIT and AO. The additions under Sections 68 and 69C were deleted, and the Revenue's appeal was dismissed as infructuous. The Tribunal stressed the importance of a meaningful and independent assessment process. en-us Fri, 09 Feb 2018 00:00:00 +0530 Wed, 14 Feb 2018 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355450 The Tribunal invalidated the reassessment due to the lack of proper application of mind by the Addl.CIT and AO. The additions under Sections 68 and 69C were deleted, and the Revenue's appeal was dismissed as infructuous. The Tribunal stressed the importance of a meaningful and independent assessment process. Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355450