https://www.taxtmi.com/caselaws?id=305911 The Tribunal found that the Assessing Officer (AO) did not properly assume jurisdiction in the case as the reasons for reopening lacked an independent application of mind. Relying on Supreme Court precedent, the Tribunal held that when the assumption of jurisdiction is flawed, there is no basis for remanding the matter back to the AO for fresh adjudication. Consequently, the Tribunal declared the reopening of assessment to be legally invalid, allowing the assessee's appeal. The decision was rendered on 30th November 2015. en-us Mon, 30 Nov 2015 00:00:00 +0530 Fri, 30 Dec 2022 09:52:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305911 The Tribunal found that the Assessing Officer (AO) did not properly assume jurisdiction in the case as the reasons for reopening lacked an independent application of mind. Relying on Supreme Court precedent, the Tribunal held that when the assumption of jurisdiction is flawed, there is no basis for remanding the matter back to the AO for fresh adjudication. Consequently, the Tribunal declared the reopening of assessment to be legally invalid, allowing the assessee's appeal. The decision was rendered on 30th November 2015. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305911