https://www.taxtmi.com/caselaws?id=294172 The Tribunal declared the reassessment proceedings null and void as they were initiated on a protective basis, finding that the original assessment had merged with the appellate order and could not be reopened. The Tribunal also noted that making a protective assessment based on a future contingency was impermissible. As a result, the reassessment proceedings were deemed invalid, and the appeal of the assessee was partly allowed. en-us Fri, 01 May 2020 00:00:00 +0530 Wed, 24 Mar 2021 20:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294172 The Tribunal declared the reassessment proceedings null and void as they were initiated on a protective basis, finding that the original assessment had merged with the appellate order and could not be reopened. The Tribunal also noted that making a protective assessment based on a future contingency was impermissible. As a result, the reassessment proceedings were deemed invalid, and the appeal of the assessee was partly allowed. Case-Laws Income Tax Fri, 01 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294172