https://www.taxtmi.com/caselaws?id=16941 The court addressed an application under section 256(2) of the Income-tax Act regarding the legality of a fresh assessment made by the Assessing Officer without proper reasons. Emphasizing the necessity of valid reasons for reopening assessments, the court directed the Tribunal to consider the second question raised by the applicant. The judgment highlighted the significance of procedural compliance and justifiability in tax assessments, citing the importance of achieving finality in tax disputes. en-us Thu, 31 Oct 1996 00:00:00 +0530 Mon, 14 Sep 2009 11:57:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16941 The court addressed an application under section 256(2) of the Income-tax Act regarding the legality of a fresh assessment made by the Assessing Officer without proper reasons. Emphasizing the necessity of valid reasons for reopening assessments, the court directed the Tribunal to consider the second question raised by the applicant. The judgment highlighted the significance of procedural compliance and justifiability in tax assessments, citing the importance of achieving finality in tax disputes. Case-Laws Income Tax Thu, 31 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16941