https://www.taxtmi.com/caselaws?id=432319 The Tribunal allowed the assessee's appeal for the assessment years 2010-11 and 2011-12, holding that the assessment should have been conducted under Section 153C instead of Section 144. The Tribunal quashed the assessment orders made under Section 144, following the precedent set by a co-ordinate bench. As a result, all other grounds in the appeal of both the assessee and the Revenue were dismissed as infructuous. The decision highlighted the significance of adhering to the correct procedural provisions under the Income Tax Act for accurate assessments. en-us Thu, 29 Dec 2022 00:00:00 +0530 Mon, 02 Jan 2023 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432319 The Tribunal allowed the assessee's appeal for the assessment years 2010-11 and 2011-12, holding that the assessment should have been conducted under Section 153C instead of Section 144. The Tribunal quashed the assessment orders made under Section 144, following the precedent set by a co-ordinate bench. As a result, all other grounds in the appeal of both the assessee and the Revenue were dismissed as infructuous. The decision highlighted the significance of adhering to the correct procedural provisions under the Income Tax Act for accurate assessments. Case-Laws Income Tax Thu, 29 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432319