https://www.taxtmi.com/caselaws?id=367666 The Tribunal found the notice issued under Section 148 to be invalid as the Assessing Officer did not apply his mind independently, rendering the notice void ab initio. Additionally, it was held that the information on cash deposits was insufficient to form a belief that income had escaped assessment. The Tribunal ruled that additions made on grounds other than those mentioned in the notice were arbitrary and illegal. As a result, the Tribunal allowed the assessee's appeal, quashing the assessment order and deeming all proceedings based on the notice illegal. en-us Tue, 18 Sep 2018 00:00:00 +0530 Mon, 24 Sep 2018 16:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367666 The Tribunal found the notice issued under Section 148 to be invalid as the Assessing Officer did not apply his mind independently, rendering the notice void ab initio. Additionally, it was held that the information on cash deposits was insufficient to form a belief that income had escaped assessment. The Tribunal ruled that additions made on grounds other than those mentioned in the notice were arbitrary and illegal. As a result, the Tribunal allowed the assessee's appeal, quashing the assessment order and deeming all proceedings based on the notice illegal. Case-Laws Income Tax Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367666