https://www.taxtmi.com/caselaws?id=376630 The court quashed the assessment order, revived the proceedings, and allowed the petitioner to file further objections to a notice of reopening of assessment for the assessment year 2010-11. The Assessing Officer's premature reassessment order was set aside due to incorrect factual basis and lack of specific objections initially. The court emphasized the importance of factual accuracy in reassessment proceedings, directing the Assessing Officer to consider and dispose of objections promptly and extending a stay on the notice of reopening for a fair review process. en-us Fri, 08 Mar 2019 00:00:00 +0530 Wed, 13 Mar 2019 09:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376630 The court quashed the assessment order, revived the proceedings, and allowed the petitioner to file further objections to a notice of reopening of assessment for the assessment year 2010-11. The Assessing Officer's premature reassessment order was set aside due to incorrect factual basis and lack of specific objections initially. The court emphasized the importance of factual accuracy in reassessment proceedings, directing the Assessing Officer to consider and dispose of objections promptly and extending a stay on the notice of reopening for a fair review process. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376630