https://www.taxtmi.com/caselaws?id=295169 The Tribunal upheld the decision that the reopening of the assessment was invalid due to procedural errors in recording and communicating the reasons for reopening. The reassessment process was deemed vitiated by significant procedural lapses, leading to the dismissal of the revenue's appeal and the assessee's cross-objection. The Tribunal stressed the necessity of strict adherence to procedural requirements for ensuring the validity of reassessment proceedings. en-us Wed, 09 Dec 2015 00:00:00 +0530 Sat, 22 May 2021 08:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295169 The Tribunal upheld the decision that the reopening of the assessment was invalid due to procedural errors in recording and communicating the reasons for reopening. The reassessment process was deemed vitiated by significant procedural lapses, leading to the dismissal of the revenue's appeal and the assessee's cross-objection. The Tribunal stressed the necessity of strict adherence to procedural requirements for ensuring the validity of reassessment proceedings. Case-Laws Income Tax Wed, 09 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295169