https://www.taxtmi.com/caselaws?id=388564 The High Court upheld the ITAT's decision to quash the reassessment proceedings initiated by the AO due to lack of evidence of under-reporting in the sale of Aluminum Dross. The Court directed closure of the reassessment proceedings with the possibility of revival if the CESTAT's order is overturned, as both parties agreed to this course of action. The appeal was disposed of without expressing any opinion on the case's merits. en-us Thu, 14 Nov 2019 00:00:00 +0530 Mon, 18 Nov 2019 10:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388564 The High Court upheld the ITAT's decision to quash the reassessment proceedings initiated by the AO due to lack of evidence of under-reporting in the sale of Aluminum Dross. The Court directed closure of the reassessment proceedings with the possibility of revival if the CESTAT's order is overturned, as both parties agreed to this course of action. The appeal was disposed of without expressing any opinion on the case's merits. Case-Laws Income Tax Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388564