https://www.taxtmi.com/caselaws?id=359307 The Tribunal allowed the appeal, quashing the reassessment made under section 147 read with section 143(3) of the Income Tax Act due to the non-supply of reasons for reopening the assessment. The assessing officer's failure to provide reasons for issuing the notice rendered the reassessment invalid, as per legal requirements and the Supreme Court judgment in GKN Driveshafts (India) Limited case. Compliance with legal procedures and the obligation to furnish reasons to the assessee were emphasized in the decision. en-us Wed, 28 Feb 2018 00:00:00 +0530 Fri, 27 Apr 2018 08:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359307 The Tribunal allowed the appeal, quashing the reassessment made under section 147 read with section 143(3) of the Income Tax Act due to the non-supply of reasons for reopening the assessment. The assessing officer's failure to provide reasons for issuing the notice rendered the reassessment invalid, as per legal requirements and the Supreme Court judgment in GKN Driveshafts (India) Limited case. Compliance with legal procedures and the obligation to furnish reasons to the assessee were emphasized in the decision. Case-Laws Income Tax Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359307