https://www.taxtmi.com/caselaws?id=275210 The ITAT annulled the assessment under sections 147/143(3) of the Act, deleting the disallowance under section 54F. The ITAT emphasized that Assessing Officers must limit assessments to the grounds for reopening, highlighting the importance of procedural adherence and jurisdictional boundaries in tax proceedings. The decision was based on the lack of alignment between the reasons for reopening and the subsequent disallowance, ultimately allowing the appeal of the assessee. en-us Thu, 01 Feb 2018 00:00:00 +0530 Sat, 22 Sep 2018 06:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275210 The ITAT annulled the assessment under sections 147/143(3) of the Act, deleting the disallowance under section 54F. The ITAT emphasized that Assessing Officers must limit assessments to the grounds for reopening, highlighting the importance of procedural adherence and jurisdictional boundaries in tax proceedings. The decision was based on the lack of alignment between the reasons for reopening and the subsequent disallowance, ultimately allowing the appeal of the assessee. Case-Laws Income Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275210