https://www.taxtmi.com/caselaws?id=281668 The Revenue's appeal against the deletion of an addition on alleged bogus purchases was dismissed by the CIT(A) based on section 292BB and objections raised by the assessee. The CIT(A) quashed the assessment order due to improper handling of objections by the Assessing Officer. The CIT(A) emphasized procedural errors, including lack of proper notice, reliance on statements without rebuttal, and completion of assessment without the assessee's presence. The judgment emphasizes the importance of addressing objections in reassessment cases and following procedural requirements to ensure fair assessment practices. en-us Fri, 21 Apr 2017 00:00:00 +0530 Sat, 29 Jun 2019 22:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281668 The Revenue's appeal against the deletion of an addition on alleged bogus purchases was dismissed by the CIT(A) based on section 292BB and objections raised by the assessee. The CIT(A) quashed the assessment order due to improper handling of objections by the Assessing Officer. The CIT(A) emphasized procedural errors, including lack of proper notice, reliance on statements without rebuttal, and completion of assessment without the assessee's presence. The judgment emphasizes the importance of addressing objections in reassessment cases and following procedural requirements to ensure fair assessment practices. Case-Laws Income Tax Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281668