https://www.taxtmi.com/caselaws?id=374160 The Tribunal allowed the appeal, declaring the reassessment proceedings under section 147 void ab initio due to lack of failure to disclose material facts and reliance on audit objections. Consequently, the addition on merits and penalty proceedings were not addressed. en-us Wed, 26 Dec 2018 00:00:00 +0530 Mon, 28 Jan 2019 07:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374160 The Tribunal allowed the appeal, declaring the reassessment proceedings under section 147 void ab initio due to lack of failure to disclose material facts and reliance on audit objections. Consequently, the addition on merits and penalty proceedings were not addressed. Case-Laws Income Tax Wed, 26 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374160