https://www.taxtmi.com/caselaws?id=294922 The tribunal quashed the reassessment proceedings and allowed the appeal, emphasizing that the reassessment proceedings were legally unsustainable due to incorrect reasons for reopening. The decision underscores the significance of the validity of reasons for reopening assessments and consistency in adjudicating reassessment proceedings and related additions. en-us Thu, 11 Jun 2015 00:00:00 +0530 Mon, 10 May 2021 08:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294922 The tribunal quashed the reassessment proceedings and allowed the appeal, emphasizing that the reassessment proceedings were legally unsustainable due to incorrect reasons for reopening. The decision underscores the significance of the validity of reasons for reopening assessments and consistency in adjudicating reassessment proceedings and related additions. Case-Laws Income Tax Thu, 11 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294922