https://www.taxtmi.com/caselaws?id=389254 The Tribunal quashed the reassessment proceedings due to the mechanical approval under section 151 without proper application of mind. Consequently, the additions made under sections 68 and 69 were not adjudicated, and the appeal by the assessee was allowed. The Tribunal emphasized the importance of thorough examination and satisfaction in granting approval for reassessment, following the precedent set in a similar case. en-us Mon, 02 Dec 2019 00:00:00 +0530 Mon, 09 Dec 2019 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389254 The Tribunal quashed the reassessment proceedings due to the mechanical approval under section 151 without proper application of mind. Consequently, the additions made under sections 68 and 69 were not adjudicated, and the appeal by the assessee was allowed. The Tribunal emphasized the importance of thorough examination and satisfaction in granting approval for reassessment, following the precedent set in a similar case. Case-Laws Income Tax Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389254