https://www.taxtmi.com/caselaws?id=424113 The Tribunal allowed the appeal filed by the assessee, canceling the assessment made by the Assessing Officer under Section 143(3) r.w.s. 148 of the Act. The Tribunal found that the reopening of the assessment lacked proper application of mind by the Principal Commissioner of Income-tax, rendering the assumption of jurisdiction invalid. Consequently, the assessment was deemed void ab initio and was set aside by the Tribunal. Other legal and factual issues raised by the assessee were not addressed as they were considered academic in nature. en-us Fri, 17 Jun 2022 00:00:00 +0530 Wed, 22 Jun 2022 09:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424113 The Tribunal allowed the appeal filed by the assessee, canceling the assessment made by the Assessing Officer under Section 143(3) r.w.s. 148 of the Act. The Tribunal found that the reopening of the assessment lacked proper application of mind by the Principal Commissioner of Income-tax, rendering the assumption of jurisdiction invalid. Consequently, the assessment was deemed void ab initio and was set aside by the Tribunal. Other legal and factual issues raised by the assessee were not addressed as they were considered academic in nature. Case-Laws Income Tax Fri, 17 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424113