https://www.taxtmi.com/caselaws?id=426049 The Tribunal ruled in favor of the appellant, holding that the reassessment under sections 147/148 against the individual appellant in a partnership firm was unjustified. The Tribunal found legal and factual errors in the assessment order, concluding that the reassessment lacked jurisdiction and was legally untenable. The reassessment was nullified, and the added amount of Rs. 7,70,385 to the appellant's income was ordered to be deleted. en-us Thu, 14 Jul 2022 00:00:00 +0530 Sat, 06 Aug 2022 09:29:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426049 The Tribunal ruled in favor of the appellant, holding that the reassessment under sections 147/148 against the individual appellant in a partnership firm was unjustified. The Tribunal found legal and factual errors in the assessment order, concluding that the reassessment lacked jurisdiction and was legally untenable. The reassessment was nullified, and the added amount of Rs. 7,70,385 to the appellant's income was ordered to be deleted. Case-Laws Income Tax Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426049