https://www.taxtmi.com/caselaws?id=291024 The Tribunal dismissed the Revenue's appeal, affirming the CIT (A) decision that the reassessment proceeding was vitiated, bad in law, and not sustainable. The impugned notice u/s 148 was deemed invalid due to being served after the prescribed time limit. The Tribunal upheld the decision that there was no failure on the part of the assessee to disclose material facts, rendering the reassessment proceeding untenable. en-us Wed, 25 Jan 2017 00:00:00 +0530 Mon, 26 Oct 2020 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291024 The Tribunal dismissed the Revenue's appeal, affirming the CIT (A) decision that the reassessment proceeding was vitiated, bad in law, and not sustainable. The impugned notice u/s 148 was deemed invalid due to being served after the prescribed time limit. The Tribunal upheld the decision that there was no failure on the part of the assessee to disclose material facts, rendering the reassessment proceeding untenable. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291024