https://www.taxtmi.com/caselaws?id=430343 The Tribunal quashed the reassessment proceedings and order due to various reasons including the use of a non-existent provision, mechanical approval, invalid notice, and lack of independent application of mind by the Assessing Officer. Consequently, the additions made and penalty imposed were deemed invalid, leading to the dismissal of the Revenue's appeals. en-us Mon, 31 Oct 2022 00:00:00 +0530 Wed, 16 Nov 2022 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430343 The Tribunal quashed the reassessment proceedings and order due to various reasons including the use of a non-existent provision, mechanical approval, invalid notice, and lack of independent application of mind by the Assessing Officer. Consequently, the additions made and penalty imposed were deemed invalid, leading to the dismissal of the Revenue's appeals. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430343