https://www.taxtmi.com/caselaws?id=426985 The Tribunal quashed the reassessment proceedings for Assessment Years 2012-13 and 2015-16 due to invalid jurisdiction under Section 147. The issues for which the assessments were reopened were not sustained in the final orders. The disallowance of loss on trading of gold jewellery for 2012-13 was not adjudicated on merits, and the transfer pricing adjustment for 2015-16 was not upheld as the primary issue for reopening the assessment was not sustained. en-us Fri, 26 Aug 2022 00:00:00 +0530 Mon, 29 Aug 2022 09:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426985 The Tribunal quashed the reassessment proceedings for Assessment Years 2012-13 and 2015-16 due to invalid jurisdiction under Section 147. The issues for which the assessments were reopened were not sustained in the final orders. The disallowance of loss on trading of gold jewellery for 2012-13 was not adjudicated on merits, and the transfer pricing adjustment for 2015-16 was not upheld as the primary issue for reopening the assessment was not sustained. Case-Laws Income Tax Fri, 26 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426985