https://www.taxtmi.com/caselaws?id=199045 The Tribunal allowed the appeal for statistical purposes, directing the CIT(A) to consider the validity of the reassessment proceedings under Section 147 and decide the issue afresh. If the reassessment proceedings are held to be without jurisdiction, the original assessment proceedings would be deemed concluded, and the AO would be precluded from making any additions in respect of DEPB receipts during the fresh assessment proceedings under Section 153A. en-us Wed, 27 Jul 2016 00:00:00 +0530 Mon, 19 Feb 2018 08:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199045 The Tribunal allowed the appeal for statistical purposes, directing the CIT(A) to consider the validity of the reassessment proceedings under Section 147 and decide the issue afresh. If the reassessment proceedings are held to be without jurisdiction, the original assessment proceedings would be deemed concluded, and the AO would be precluded from making any additions in respect of DEPB receipts during the fresh assessment proceedings under Section 153A. Case-Laws Income Tax Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199045