https://www.taxtmi.com/caselaws?id=392385 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax (Appeals) order and quashing the assessment by the Assessing Officer. The failure to provide reasons recorded under section 148(2) during the assessment proceedings rendered the assessment null and void, as it deprived the assessee of the opportunity to object to the reopening. The Tribunal emphasized the jurisdictional requirement of providing reasons for a valid assessment, citing relevant legal precedents. Other grounds raised were deemed academic and not adjudicated, highlighting the significance of complying with the statutory requirement of disclosing reasons for reopening assessments. en-us Fri, 31 Jan 2020 00:00:00 +0530 Wed, 19 Feb 2020 13:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392385 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax (Appeals) order and quashing the assessment by the Assessing Officer. The failure to provide reasons recorded under section 148(2) during the assessment proceedings rendered the assessment null and void, as it deprived the assessee of the opportunity to object to the reopening. The Tribunal emphasized the jurisdictional requirement of providing reasons for a valid assessment, citing relevant legal precedents. Other grounds raised were deemed academic and not adjudicated, highlighting the significance of complying with the statutory requirement of disclosing reasons for reopening assessments. Case-Laws Income Tax Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392385