https://www.taxtmi.com/caselaws?id=404152 The High Court quashed the Tribunal's decision to set aside the re-assessment order under Section 147 challenged by the revenue. The Court emphasized the importance of adhering to statutory provisions governing re-assessment proceedings and the assessment of income, directing a reconsideration of the appeal. The judgment underscored the necessity of the proper application of the law in determining tax liabilities and ensuring fair treatment of taxpayers. en-us Mon, 11 Jan 2021 00:00:00 +0530 Wed, 03 Mar 2021 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404152 The High Court quashed the Tribunal's decision to set aside the re-assessment order under Section 147 challenged by the revenue. The Court emphasized the importance of adhering to statutory provisions governing re-assessment proceedings and the assessment of income, directing a reconsideration of the appeal. The judgment underscored the necessity of the proper application of the law in determining tax liabilities and ensuring fair treatment of taxpayers. Case-Laws Income Tax Mon, 11 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404152