https://www.taxtmi.com/caselaws?id=272795 The Tribunal concluded that the Assessing Officer lacked jurisdiction under sections 147/148 of the Income Tax Act, leading to the invalidation and quashing of the reassessment order. The decision emphasized the necessity of complying with procedural requirements and conducting independent assessments before initiating reassessment proceedings. The judgment applied to assessment years 2007-08, 2008-09, and 2009-10, highlighting the consistent application of legal principles in the cases. en-us Tue, 17 Oct 2017 00:00:00 +0530 Fri, 18 May 2018 05:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272795 The Tribunal concluded that the Assessing Officer lacked jurisdiction under sections 147/148 of the Income Tax Act, leading to the invalidation and quashing of the reassessment order. The decision emphasized the necessity of complying with procedural requirements and conducting independent assessments before initiating reassessment proceedings. The judgment applied to assessment years 2007-08, 2008-09, and 2009-10, highlighting the consistent application of legal principles in the cases. Case-Laws Income Tax Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272795