https://www.taxtmi.com/caselaws?id=275444 The Tribunal found the reopening of the assessment invalid due to the lack of independent application of mind by the Assessing Officer (AO) and reliance on unverified information. The principles of natural justice were violated as the AO did not provide substantial evidence justifying the reopening. Consequently, the reassessment proceedings were quashed, and the appeal was allowed in favor of the assessee. en-us Thu, 09 Mar 2017 00:00:00 +0530 Thu, 04 Oct 2018 10:11:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275444 The Tribunal found the reopening of the assessment invalid due to the lack of independent application of mind by the Assessing Officer (AO) and reliance on unverified information. The principles of natural justice were violated as the AO did not provide substantial evidence justifying the reopening. Consequently, the reassessment proceedings were quashed, and the appeal was allowed in favor of the assessee. Case-Laws Income Tax Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275444