https://www.taxtmi.com/caselaws?id=298057 The Tribunal allowed the appeal, finding the initiation of proceedings under Section 147 instead of Section 153C to be invalid. Consequently, the reassessment proceedings were deemed "bad in law," leading to the appeal being allowed in favor of the assessee. Other issues raised by the assessee, including the validity of the notice issued under Section 148 and the confirmation of an addition of Rs. 12,00,000, were not specifically addressed due to the primary determination of improper initiation of proceedings. en-us Fri, 11 Oct 2019 00:00:00 +0530 Fri, 08 Oct 2021 08:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298057 The Tribunal allowed the appeal, finding the initiation of proceedings under Section 147 instead of Section 153C to be invalid. Consequently, the reassessment proceedings were deemed "bad in law," leading to the appeal being allowed in favor of the assessee. Other issues raised by the assessee, including the validity of the notice issued under Section 148 and the confirmation of an addition of Rs. 12,00,000, were not specifically addressed due to the primary determination of improper initiation of proceedings. Case-Laws Income Tax Fri, 11 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298057