https://www.taxtmi.com/caselaws?id=421909 The Tribunal invalidated the assessment proceedings under section 147 of the Income Tax Act as no income escapement related to the initial reason for reopening was found. The Tribunal emphasized that additions unrelated to the grounds for reopening were impermissible, aligning with legal precedents. Consequently, the appellant's appeal was allowed, and the assessment proceedings were deemed invalid. en-us Fri, 29 Apr 2022 00:00:00 +0530 Wed, 04 May 2022 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421909 The Tribunal invalidated the assessment proceedings under section 147 of the Income Tax Act as no income escapement related to the initial reason for reopening was found. The Tribunal emphasized that additions unrelated to the grounds for reopening were impermissible, aligning with legal precedents. Consequently, the appellant's appeal was allowed, and the assessment proceedings were deemed invalid. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421909