https://www.taxtmi.com/caselaws?id=395869 The Tribunal allowed six connected assessees' appeals, quashing the assessment orders. It emphasized that the AO must make additions based on the grounds for initiating reassessment. Failure to do so renders the reassessment invalid, as per legal precedents and consistent Tribunal decisions. en-us Tue, 09 Jun 2020 00:00:00 +0530 Wed, 10 Jun 2020 20:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395869 The Tribunal allowed six connected assessees' appeals, quashing the assessment orders. It emphasized that the AO must make additions based on the grounds for initiating reassessment. Failure to do so renders the reassessment invalid, as per legal precedents and consistent Tribunal decisions. Case-Laws Income Tax Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395869