https://www.taxtmi.com/caselaws?id=390427 The Tribunal invalidated the reassessment orders due to the non-issuance of a mandatory notice under Section 143(2) of the Income Tax Act, emphasizing its jurisdictional importance. The reassessment was found to lack independent evaluation and was based on insufficient material from the Investigation Wing, Mumbai. The Tribunal ruled in favor of the assessee, quashing the reassessment orders on procedural grounds without delving into other legal issues or the merits of the additions. en-us Mon, 23 Dec 2019 00:00:00 +0530 Thu, 02 Jan 2020 17:18:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390427 The Tribunal invalidated the reassessment orders due to the non-issuance of a mandatory notice under Section 143(2) of the Income Tax Act, emphasizing its jurisdictional importance. The reassessment was found to lack independent evaluation and was based on insufficient material from the Investigation Wing, Mumbai. The Tribunal ruled in favor of the assessee, quashing the reassessment orders on procedural grounds without delving into other legal issues or the merits of the additions. Case-Laws Income Tax Mon, 23 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390427