https://www.taxtmi.com/caselaws?id=274170 The Gujarat High Court upheld the decision of the Tribunal to quash the reassessment order due to an illegal reopening of assessment beyond the prescribed time limit. The Court dismissed the tax appeals, emphasizing that the Assessing Officer should have disallowed any part of payments after hearing the assessee. The Court refrained from further scrutinizing the disallowance under section 40(a)(ia) of the Income Tax Act, leaving it open for examination in future proceedings if required. en-us Wed, 09 Aug 2017 00:00:00 +0530 Tue, 31 Jul 2018 21:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274170 The Gujarat High Court upheld the decision of the Tribunal to quash the reassessment order due to an illegal reopening of assessment beyond the prescribed time limit. The Court dismissed the tax appeals, emphasizing that the Assessing Officer should have disallowed any part of payments after hearing the assessee. The Court refrained from further scrutinizing the disallowance under section 40(a)(ia) of the Income Tax Act, leaving it open for examination in future proceedings if required. Case-Laws Income Tax Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274170