https://www.taxtmi.com/caselaws?id=382179 The Appellate Tribunal at Ahmedabad allowed both appeals of the assessee, quashing the reassessment order under section 148 of the Income Tax Act and cancelling the penalty under section 271(1)(c) due to the absence of a valid basis for the penalty following the quashing of the reassessment. en-us Tue, 25 Jun 2019 00:00:00 +0530 Thu, 27 Jun 2019 07:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382179 The Appellate Tribunal at Ahmedabad allowed both appeals of the assessee, quashing the reassessment order under section 148 of the Income Tax Act and cancelling the penalty under section 271(1)(c) due to the absence of a valid basis for the penalty following the quashing of the reassessment. Case-Laws Income Tax Tue, 25 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382179