https://www.taxtmi.com/caselaws?id=431114 The appeal challenged the legality of re-opening the assessment for AY 2007-08 under section 147 of the Income Tax Act. The AO's failure to comply with jurisdictional requirements and the binding court order led to the cancellation of the re-assessment order. The AO's lack of proper reasoning and failure to provide the assessee with the required time after disposing of objections resulted in the court ruling in favor of the assessee, highlighting procedural and jurisdictional flaws in the re-opening process. en-us Mon, 31 Oct 2022 00:00:00 +0530 Tue, 06 Dec 2022 20:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431114 The appeal challenged the legality of re-opening the assessment for AY 2007-08 under section 147 of the Income Tax Act. The AO's failure to comply with jurisdictional requirements and the binding court order led to the cancellation of the re-assessment order. The AO's lack of proper reasoning and failure to provide the assessee with the required time after disposing of objections resulted in the court ruling in favor of the assessee, highlighting procedural and jurisdictional flaws in the re-opening process. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431114