https://www.taxtmi.com/caselaws?id=404289 The Tribunal allowed the appeal, setting aside the reassessment order due to the AO's reliance on incorrect facts and lack of independent application of mind, rendering the reassessment proceedings invalid. The merits of the case were not adjudicated as the invalidation of the reassessment proceedings made such an exercise unnecessary. en-us Tue, 12 Jan 2021 00:00:00 +0530 Sat, 20 Feb 2021 09:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404289 The Tribunal allowed the appeal, setting aside the reassessment order due to the AO's reliance on incorrect facts and lack of independent application of mind, rendering the reassessment proceedings invalid. The merits of the case were not adjudicated as the invalidation of the reassessment proceedings made such an exercise unnecessary. Case-Laws Income Tax Tue, 12 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404289