https://www.taxtmi.com/caselaws?id=405558 The Tribunal upheld the CIT(A)'s decision to quash the re-assessment proceedings for the assessment years 2007-2008 to 2010-2011. The Tribunal found that there was a lack of new tangible material, an invalid sanction under section 151, and a failure to issue a mandatory notice under section 143(2). As a result, the Revenue's appeals were dismissed, affirming the CIT(A)'s findings and maintaining the quashing of the re-assessment proceedings. en-us Mon, 22 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 08:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405558 The Tribunal upheld the CIT(A)'s decision to quash the re-assessment proceedings for the assessment years 2007-2008 to 2010-2011. The Tribunal found that there was a lack of new tangible material, an invalid sanction under section 151, and a failure to issue a mandatory notice under section 143(2). As a result, the Revenue's appeals were dismissed, affirming the CIT(A)'s findings and maintaining the quashing of the re-assessment proceedings. Case-Laws Income Tax Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405558