https://www.taxtmi.com/caselaws?id=388935 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings due to the invalid and mechanical approval process by the JCIT. The legal ground challenging the validity of the reassessment was upheld, and the appeal filed by the Assessee was allowed. The Tribunal did not address the merits of the addition of Rs. 48,14,839 as long-term capital gains, considering it academic following the quashing of the reassessment. en-us Fri, 22 Nov 2019 00:00:00 +0530 Wed, 27 Nov 2019 13:38:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388935 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings due to the invalid and mechanical approval process by the JCIT. The legal ground challenging the validity of the reassessment was upheld, and the appeal filed by the Assessee was allowed. The Tribunal did not address the merits of the addition of Rs. 48,14,839 as long-term capital gains, considering it academic following the quashing of the reassessment. Case-Laws Income Tax Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388935