https://www.taxtmi.com/caselaws?id=416907 The court ruled in favor of the petitioner, declaring the impugned notice, order, and reassessment proceedings as without jurisdiction, illegal, arbitrary, and liable to be quashed. The court criticized the Assessing Officer for a lack of diligence, non-application of mind, and deficiencies in the approval process under Section 151 of the Income Tax Act, 1961. Emphasizing the importance of addressing objections raised by taxpayers diligently, the court highlighted the need for greater diligence and training among income tax officers. The court directed copies of the order to be sent to relevant authorities for information and necessary action to uphold procedural integrity and legal standards in tax assessment processes. en-us Mon, 20 Dec 2021 00:00:00 +0530 Tue, 11 Jan 2022 08:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416907 The court ruled in favor of the petitioner, declaring the impugned notice, order, and reassessment proceedings as without jurisdiction, illegal, arbitrary, and liable to be quashed. The court criticized the Assessing Officer for a lack of diligence, non-application of mind, and deficiencies in the approval process under Section 151 of the Income Tax Act, 1961. Emphasizing the importance of addressing objections raised by taxpayers diligently, the court highlighted the need for greater diligence and training among income tax officers. The court directed copies of the order to be sent to relevant authorities for information and necessary action to uphold procedural integrity and legal standards in tax assessment processes. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416907