https://www.taxtmi.com/caselaws?id=24777 The court upheld the validity of reassessment proceedings under section 147, ruling in favor of the tax authorities. However, it found that the Appellate Assistant Commissioner lacked the authority to change the taxpayer's status from individual to Association of Persons (AOP). The court confirmed the existence of an AOP involving the taxpayer and his brothers. Additionally, the court held that converting the assessment status without providing an opportunity to be heard violated principles of natural justice, favoring the taxpayer in this aspect. en-us Fri, 12 Aug 1988 00:00:00 +0530 Fri, 22 Jan 2010 13:06:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24777 The court upheld the validity of reassessment proceedings under section 147, ruling in favor of the tax authorities. However, it found that the Appellate Assistant Commissioner lacked the authority to change the taxpayer's status from individual to Association of Persons (AOP). The court confirmed the existence of an AOP involving the taxpayer and his brothers. Additionally, the court held that converting the assessment status without providing an opportunity to be heard violated principles of natural justice, favoring the taxpayer in this aspect. Case-Laws Income Tax Fri, 12 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24777