https://www.taxtmi.com/caselaws?id=278397 The Tribunal set aside the assessment orders for two years, quashing the reassessment due to lack of jurisdiction. The assessee successfully argued that failure to provide reasons for reopening assessments renders the reassessment invalid, emphasizing the necessity of disclosing reasons for such actions as per legal requirements. The Tribunal highlighted the importance of adhering to procedural norms in tax matters, ultimately ruling in favor of the assessee based on the absence of jurisdiction resulting from the failure to provide reasons for reopening the assessments. en-us Fri, 20 Mar 2015 00:00:00 +0530 Thu, 31 Jan 2019 06:36:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278397 The Tribunal set aside the assessment orders for two years, quashing the reassessment due to lack of jurisdiction. The assessee successfully argued that failure to provide reasons for reopening assessments renders the reassessment invalid, emphasizing the necessity of disclosing reasons for such actions as per legal requirements. The Tribunal highlighted the importance of adhering to procedural norms in tax matters, ultimately ruling in favor of the assessee based on the absence of jurisdiction resulting from the failure to provide reasons for reopening the assessments. Case-Laws Income Tax Fri, 20 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278397