https://www.taxtmi.com/caselaws?id=425076 The Tribunal found the re-opening of the assessment order for the assessment year 2011-12 to be legally flawed due to errors and lack of evidence, leading to the quashing of the assessment. As a result, the merit of additions made by the Assessing Officer and the issue of charging interest under section 234B became irrelevant. The Tribunal emphasized the significance of proper reasoning and evidence in assessment proceedings for legal compliance. en-us Wed, 13 Jul 2022 00:00:00 +0530 Fri, 15 Jul 2022 09:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425076 The Tribunal found the re-opening of the assessment order for the assessment year 2011-12 to be legally flawed due to errors and lack of evidence, leading to the quashing of the assessment. As a result, the merit of additions made by the Assessing Officer and the issue of charging interest under section 234B became irrelevant. The Tribunal emphasized the significance of proper reasoning and evidence in assessment proceedings for legal compliance. Case-Laws Income Tax Wed, 13 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425076