https://www.taxtmi.com/caselaws?id=288099 The High Court dismissed the Revenue's appeal, setting aside the reassessment order and ruling against the Revenue on substantial questions of law. The reassessment was deemed invalid due to lack of tangible material for reopening. The Court upheld the assessee's right to challenge the reassessment's validity under Rule 27 and did not delve into the merits of relief under Section 80-I as the reassessment annulment made it unnecessary to address. en-us Mon, 05 Aug 2019 00:00:00 +0530 Wed, 19 Aug 2020 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288099 The High Court dismissed the Revenue's appeal, setting aside the reassessment order and ruling against the Revenue on substantial questions of law. The reassessment was deemed invalid due to lack of tangible material for reopening. The Court upheld the assessee's right to challenge the reassessment's validity under Rule 27 and did not delve into the merits of relief under Section 80-I as the reassessment annulment made it unnecessary to address. Case-Laws Income Tax Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288099