https://www.taxtmi.com/caselaws?id=387950 The Tribunal allowed the appeal filed by the assessee challenging the disallowance of prior period expenses in the reassessment order for AY 2008-09. The Tribunal admitted an additional ground questioning the validity of the reopening notice and reassessment proceedings, ultimately quashing the reassessment notice and declaring the reassessment order as null and void. The Tribunal relied on the interpretation of legislative intent and precedent set by the Hon'ble Gujarat High Court to rule in favor of the assessee, without addressing the merits of the disallowed expenses. en-us Fri, 04 Oct 2019 00:00:00 +0530 Fri, 13 Dec 2019 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387950 The Tribunal allowed the appeal filed by the assessee challenging the disallowance of prior period expenses in the reassessment order for AY 2008-09. The Tribunal admitted an additional ground questioning the validity of the reopening notice and reassessment proceedings, ultimately quashing the reassessment notice and declaring the reassessment order as null and void. The Tribunal relied on the interpretation of legislative intent and precedent set by the Hon'ble Gujarat High Court to rule in favor of the assessee, without addressing the merits of the disallowed expenses. Case-Laws Income Tax Fri, 04 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387950