https://www.taxtmi.com/caselaws?id=399580 The Tribunal found the reassessment proceedings invalid under section 148 of the Income Tax Act, noting the lack of proper application of mind and absence of new material facts. The notice issued was deemed baseless as the alleged entry providers had already been assessed. Additionally, the Tribunal determined that the additions made by the Assessing Officer lacked proper scrutiny and were merely a change of opinion. Consequently, the Tribunal allowed the appeal, setting aside the notice under section 148 and annulling the assessment order. en-us Wed, 16 Sep 2020 00:00:00 +0530 Wed, 14 Oct 2020 12:29:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399580 The Tribunal found the reassessment proceedings invalid under section 148 of the Income Tax Act, noting the lack of proper application of mind and absence of new material facts. The notice issued was deemed baseless as the alleged entry providers had already been assessed. Additionally, the Tribunal determined that the additions made by the Assessing Officer lacked proper scrutiny and were merely a change of opinion. Consequently, the Tribunal allowed the appeal, setting aside the notice under section 148 and annulling the assessment order. Case-Laws Income Tax Wed, 16 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399580