https://www.taxtmi.com/caselaws?id=405397 The ITAT Mumbai affirmed the decision of the Ld. CIT(A) and dismissed the appeal by the Revenue. The case centered on the validity of the notice under section 148 of the Income Tax Act, compliance with procedural requirements for reassessment, treatment of appeal on technical grounds, and adequacy of evidence provided by the assessee during re-assessment proceedings. The Ld. CIT(A) emphasized the significance of proper notice service, the responsibility of claimants to provide evidence, and the necessity of comprehensive evidence in tax assessment. Ultimately, the reassessment was canceled, and the appeal was allowed based on technical grounds raised by the assessee. en-us Thu, 18 Mar 2021 00:00:00 +0530 Fri, 19 Mar 2021 09:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405397 The ITAT Mumbai affirmed the decision of the Ld. CIT(A) and dismissed the appeal by the Revenue. The case centered on the validity of the notice under section 148 of the Income Tax Act, compliance with procedural requirements for reassessment, treatment of appeal on technical grounds, and adequacy of evidence provided by the assessee during re-assessment proceedings. The Ld. CIT(A) emphasized the significance of proper notice service, the responsibility of claimants to provide evidence, and the necessity of comprehensive evidence in tax assessment. Ultimately, the reassessment was canceled, and the appeal was allowed based on technical grounds raised by the assessee. Case-Laws Income Tax Thu, 18 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405397