https://www.taxtmi.com/caselaws?id=361387 The Tribunal dismissed the Department's appeal, upholding the CIT(A)'s decision that the reassessment under Section 147 was invalid due to the absence of fresh tangible material. The original assessment was deemed sacrosanct, and reopening without new evidence was impermissible. Consequently, the cross-objection by the assessee was also dismissed. en-us Wed, 30 May 2018 00:00:00 +0530 Tue, 05 Jun 2018 19:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361387 The Tribunal dismissed the Department's appeal, upholding the CIT(A)'s decision that the reassessment under Section 147 was invalid due to the absence of fresh tangible material. The original assessment was deemed sacrosanct, and reopening without new evidence was impermissible. Consequently, the cross-objection by the assessee was also dismissed. Case-Laws Income Tax Wed, 30 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361387