https://www.taxtmi.com/caselaws?id=297912 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings due to the AO's failure to apply independent judgment and follow mandatory procedures under sections 147, 148, and 151 of the Income Tax Act, 1961. The Tribunal found the reopening of the case to be bad in law and lacking tangible material, leading to the jurisdictional invalidity. Consequently, the other issues raised by the Assessee regarding procedural lapses and additions made by the AO were not addressed, as the primary issue of jurisdiction was decided in favor of the Assessee, resulting in the appeal being allowed. en-us Mon, 08 Aug 2016 00:00:00 +0530 Thu, 30 Sep 2021 10:16:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297912 The Tribunal allowed the Assessee's appeal, quashing the reassessment proceedings due to the AO's failure to apply independent judgment and follow mandatory procedures under sections 147, 148, and 151 of the Income Tax Act, 1961. The Tribunal found the reopening of the case to be bad in law and lacking tangible material, leading to the jurisdictional invalidity. Consequently, the other issues raised by the Assessee regarding procedural lapses and additions made by the AO were not addressed, as the primary issue of jurisdiction was decided in favor of the Assessee, resulting in the appeal being allowed. Case-Laws Income Tax Mon, 08 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297912