https://www.taxtmi.com/caselaws?id=282210 The Tribunal quashed the reassessment proceedings initiated by the AO under Section 148 of the Income Tax Act, as the AO mechanically relied on information without forming an independent opinion. Citing the requirement for the AO to apply his mind before issuing notices for escaped income, the Tribunal emphasized the lack of jurisdictional compliance. Consequently, the Tribunal dismissed the Revenue's appeal, upholding the deletion of additions and the quashing of the reassessment proceedings. en-us Wed, 10 Feb 2016 00:00:00 +0530 Sat, 27 Jul 2019 06:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282210 The Tribunal quashed the reassessment proceedings initiated by the AO under Section 148 of the Income Tax Act, as the AO mechanically relied on information without forming an independent opinion. Citing the requirement for the AO to apply his mind before issuing notices for escaped income, the Tribunal emphasized the lack of jurisdictional compliance. Consequently, the Tribunal dismissed the Revenue's appeal, upholding the deletion of additions and the quashing of the reassessment proceedings. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282210