https://www.taxtmi.com/caselaws?id=424304 The Tribunal allowed the assessee's appeal, quashing the assessment order due to the Assessing Officer's lack of valid jurisdiction in reopening the case under Sec. 148 without recording "reasons to believe." The decision emphasized the necessity of complying with procedural requirements, highlighting the importance of establishing valid jurisdiction before initiating reassessment proceedings. The Tribunal did not address other contentions raised, focusing solely on the jurisdictional issue. en-us Mon, 09 May 2022 00:00:00 +0530 Sat, 25 Jun 2022 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424304 The Tribunal allowed the assessee's appeal, quashing the assessment order due to the Assessing Officer's lack of valid jurisdiction in reopening the case under Sec. 148 without recording "reasons to believe." The decision emphasized the necessity of complying with procedural requirements, highlighting the importance of establishing valid jurisdiction before initiating reassessment proceedings. The Tribunal did not address other contentions raised, focusing solely on the jurisdictional issue. Case-Laws Income Tax Mon, 09 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424304