https://www.taxtmi.com/caselaws?id=364735 The court held that the reassessment for A.Y. 2010-11 under Section 148 of the Income Tax Act was not justified as it lacked a live link to the assessment year, relied on stale material, and lacked new tangible evidence. The reassessment notice and subsequent proceedings were quashed, ruling in favor of the petitioner engaged in consultancy business. en-us Mon, 30 Jul 2018 00:00:00 +0530 Mon, 27 Jul 2020 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364735 The court held that the reassessment for A.Y. 2010-11 under Section 148 of the Income Tax Act was not justified as it lacked a live link to the assessment year, relied on stale material, and lacked new tangible evidence. The reassessment notice and subsequent proceedings were quashed, ruling in favor of the petitioner engaged in consultancy business. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364735