https://www.taxtmi.com/caselaws?id=390634 The Tribunal quashed the reassessment proceedings due to the mechanical approval by the PCIT without proper application of mind. Consequently, the appeal challenging the validity of the reassessment was allowed, and the assessee's appeal was successful. The issues regarding disallowance of cost of improvement and business loss were not adjudicated as they became academic. The appeal was allowed on 17/12/2019. en-us Tue, 17 Dec 2019 00:00:00 +0530 Tue, 07 Jan 2020 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390634 The Tribunal quashed the reassessment proceedings due to the mechanical approval by the PCIT without proper application of mind. Consequently, the appeal challenging the validity of the reassessment was allowed, and the assessee's appeal was successful. The issues regarding disallowance of cost of improvement and business loss were not adjudicated as they became academic. The appeal was allowed on 17/12/2019. Case-Laws Income Tax Tue, 17 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390634