https://www.taxtmi.com/caselaws?id=429541 The appeal challenged the legality and sustainability of the assessment order for Assessment Year 2009-10, contending that the actions of the Income Tax Officer were illegal and unsustainable. The assessee's concerns regarding additions made without a fair opportunity to be heard were raised. Disputes over the basis of the notice issued under section 148, calculation of long-term capital gain, and charging of interest under sections 234A, B, and C were addressed. Despite adequate opportunities for being heard, reassessment proceedings were initiated without proper verification, leading to the quashing of the reassessment order due to legal grounds. en-us Thu, 29 Sep 2022 00:00:00 +0530 Sat, 29 Oct 2022 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429541 The appeal challenged the legality and sustainability of the assessment order for Assessment Year 2009-10, contending that the actions of the Income Tax Officer were illegal and unsustainable. The assessee's concerns regarding additions made without a fair opportunity to be heard were raised. Disputes over the basis of the notice issued under section 148, calculation of long-term capital gain, and charging of interest under sections 234A, B, and C were addressed. Despite adequate opportunities for being heard, reassessment proceedings were initiated without proper verification, leading to the quashing of the reassessment order due to legal grounds. Case-Laws Income Tax Thu, 29 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429541