https://www.taxtmi.com/caselaws?id=401068 The Tribunal quashed the reassessment proceedings and associated additions, including the Rs. 45,00,000 under Section 68 and Rs. 45,000 commission, due to procedural violations and lack of independent judicial application by the AO and Pr.CIT. The Tribunal found the approval process mechanical and the investigation inadequate, thereby allowing the assessee's appeal and setting aside the reassessment order. en-us Tue, 24 Nov 2020 00:00:00 +0530 Mon, 04 Nov 2024 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401068 The Tribunal quashed the reassessment proceedings and associated additions, including the Rs. 45,00,000 under Section 68 and Rs. 45,000 commission, due to procedural violations and lack of independent judicial application by the AO and Pr.CIT. The Tribunal found the approval process mechanical and the investigation inadequate, thereby allowing the assessee's appeal and setting aside the reassessment order. Case-Laws Income Tax Tue, 24 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401068