https://www.taxtmi.com/caselaws?id=300246 The Tribunal allowed the assessee's appeals, quashed the reopening and reassessment orders for both assessment years, and dismissed the revenue's appeals. The Tribunal emphasized the importance of following the correct legal procedures for reassessment based on seized material and the necessity of a rational basis for reopening assessments. en-us Thu, 28 Jun 2018 00:00:00 +0530 Wed, 19 Jan 2022 08:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300246 The Tribunal allowed the assessee's appeals, quashed the reopening and reassessment orders for both assessment years, and dismissed the revenue's appeals. The Tribunal emphasized the importance of following the correct legal procedures for reassessment based on seized material and the necessity of a rational basis for reopening assessments. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300246