https://www.taxtmi.com/caselaws?id=379701 The Tribunal dismissed the Revenue's appeal and upheld the decision to quash the reassessment order due to the AO's failure to make additions based on the specific reasons for reopening the assessment. The cross-objections by the assessee were dismissed as the primary ruling on the invalidity of the reassessment order rendered them irrelevant. The Tribunal emphasized the importance of adhering to procedural and substantive requirements in reassessment proceedings, highlighting that additions must align with the reasons recorded for reopening. en-us Fri, 03 May 2019 00:00:00 +0530 Mon, 06 May 2019 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379701 The Tribunal dismissed the Revenue's appeal and upheld the decision to quash the reassessment order due to the AO's failure to make additions based on the specific reasons for reopening the assessment. The cross-objections by the assessee were dismissed as the primary ruling on the invalidity of the reassessment order rendered them irrelevant. The Tribunal emphasized the importance of adhering to procedural and substantive requirements in reassessment proceedings, highlighting that additions must align with the reasons recorded for reopening. Case-Laws Income Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379701