https://www.taxtmi.com/caselaws?id=421452 The Tribunal allowed the appeal due to lack of jurisdiction in the reassessment process, rendering the assessment unsustainable. It emphasized the importance of proper jurisdictional authority in conducting reassessments under the Income Tax Act, highlighting legal principles governing such procedures. The Tribunal found the initiation of reassessment by a non-jurisdictional officer invalid, leading to the unsustainable nature of the assessment. The decision focused on jurisdictional issues rather than delving into the specifics of the individual tax matters raised by the appellant. en-us Fri, 25 Mar 2022 00:00:00 +0530 Mon, 25 Apr 2022 08:18:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421452 The Tribunal allowed the appeal due to lack of jurisdiction in the reassessment process, rendering the assessment unsustainable. It emphasized the importance of proper jurisdictional authority in conducting reassessments under the Income Tax Act, highlighting legal principles governing such procedures. The Tribunal found the initiation of reassessment by a non-jurisdictional officer invalid, leading to the unsustainable nature of the assessment. The decision focused on jurisdictional issues rather than delving into the specifics of the individual tax matters raised by the appellant. Case-Laws Income Tax Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421452