https://www.taxtmi.com/caselaws?id=297913 The Tribunal declared the reassessment proceedings invalid and the subsequent assessment void ab initio due to the Assessing Officer's failure to independently apply their mind before reopening the case based on information from the Investigation Wing. The Tribunal emphasized the necessity for such independent assessment and allowed the appeal solely on legal grounds, refraining from addressing the merits of the addition made by the Assessing Officer based on accommodation entries. en-us Tue, 12 Dec 2017 00:00:00 +0530 Thu, 30 Sep 2021 10:16:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297913 The Tribunal declared the reassessment proceedings invalid and the subsequent assessment void ab initio due to the Assessing Officer's failure to independently apply their mind before reopening the case based on information from the Investigation Wing. The Tribunal emphasized the necessity for such independent assessment and allowed the appeal solely on legal grounds, refraining from addressing the merits of the addition made by the Assessing Officer based on accommodation entries. Case-Laws Income Tax Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297913