https://www.taxtmi.com/caselaws?id=402462 The Tribunal declared the notice under section 148 null and void, canceled the assessment, and allowed the appeal. It emphasized the need for proper disposal of objections and substantial evidence to support assessments under the Income Tax Act, 1961. The reassessment proceedings were deemed null and void due to the Assessing Officer's failure to provide a speaking order, rendering the additions under section 69C unjustified. The appellant succeeded based on legal and merit grounds, leading to the cancellation of the impugned order. en-us Thu, 31 Dec 2020 00:00:00 +0530 Sat, 02 Jan 2021 12:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402462 The Tribunal declared the notice under section 148 null and void, canceled the assessment, and allowed the appeal. It emphasized the need for proper disposal of objections and substantial evidence to support assessments under the Income Tax Act, 1961. The reassessment proceedings were deemed null and void due to the Assessing Officer's failure to provide a speaking order, rendering the additions under section 69C unjustified. The appellant succeeded based on legal and merit grounds, leading to the cancellation of the impugned order. Case-Laws Income Tax Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402462