https://www.taxtmi.com/highlights?id=58443 Reopening of assessment u/s 147 - unexplained cash payment - Two notices issued u/s 148 - it is a case where pending conclusion of the first reassessment proceedings, fresh reassessment proceedings have been initiated which cannot be sustained in the eyes of law and on this reason alone, the present reassessment proceedings initiated by way of notice u/s 148 dated 28.03.2014 are vitiated and same deserve to be set-aside. - AT en-us Mon, 21 Jun 2021 12:22:17 +0530 Mon, 21 Jun 2021 12:22:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58443 Reopening of assessment u/s 147 - unexplained cash payment - Two notices issued u/s 148 - it is a case where pending conclusion of the first reassessment proceedings, fresh reassessment proceedings have been initiated which cannot be sustained in the eyes of law and on this reason alone, the present reassessment proceedings initiated by way of notice u/s 148 dated 28.03.2014 are vitiated and same deserve to be set-aside. - AT Highlights Income Tax Mon, 21 Jun 2021 12:22:17 +0530 https://www.taxtmi.com/highlights?id=58443