https://www.taxtmi.com/highlights?id=48499 Reassessment u/s 147 - precluding the Revenue from urging the merits of the issue only because it had not challenged the order of the CIT (A) annulling the re-assessment proceedings is not a mere ‘technical approach’ - there was no basis for the re-opening of the assessment except the presumptive observation of the Revenue audit which itself was not based on any tangible material - no substantial question of law arises en-us Thu, 08 Aug 2019 09:27:15 +0530 Thu, 08 Aug 2019 09:27:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48499 Reassessment u/s 147 - precluding the Revenue from urging the merits of the issue only because it had not challenged the order of the CIT (A) annulling the re-assessment proceedings is not a mere ‘technical approach’ - there was no basis for the re-opening of the assessment except the presumptive observation of the Revenue audit which itself was not based on any tangible material - no substantial question of law arises Highlights Income Tax Thu, 08 Aug 2019 09:27:15 +0530 https://www.taxtmi.com/highlights?id=48499