https://www.taxtmi.com/caselaws?id=382688 The Tribunal ruled in favor of the assessee, holding that the reassessment proceedings under section 148 were invalid as they were initiated beyond the permissible time frame without any failure to disclose material facts. The Tribunal directed the Assessing Officer to delete additions/disallowances made without incriminating material found during the search. The appeals of the revenue were dismissed, and the reassessment proceedings were quashed. en-us Wed, 03 Jul 2019 00:00:00 +0530 Tue, 09 Jul 2019 06:21:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382688 The Tribunal ruled in favor of the assessee, holding that the reassessment proceedings under section 148 were invalid as they were initiated beyond the permissible time frame without any failure to disclose material facts. The Tribunal directed the Assessing Officer to delete additions/disallowances made without incriminating material found during the search. The appeals of the revenue were dismissed, and the reassessment proceedings were quashed. Case-Laws Income Tax Wed, 03 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382688