https://www.taxtmi.com/caselaws?id=432434 The court held that the notice dated 29.03.2018 under Section 148 of the Income Tax Act was illegal and beyond the permissible period, as the Assessing Officer failed to address objections raised by the petitioner, leading to non-application of mind. The reasons for reopening the assessment were found to be insufficient and not properly considered, rendering the reassessment proceedings unjustified. Additionally, the court determined that the conditions for reopening the assessment were not met, making the reassessment impermissible. Ultimately, the court quashed the notice and subsequent proceedings in favor of the petitioner, citing non-application of mind and being barred by limitation. en-us Mon, 02 Jan 2023 00:00:00 +0530 Mon, 27 Feb 2023 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432434 The court held that the notice dated 29.03.2018 under Section 148 of the Income Tax Act was illegal and beyond the permissible period, as the Assessing Officer failed to address objections raised by the petitioner, leading to non-application of mind. The reasons for reopening the assessment were found to be insufficient and not properly considered, rendering the reassessment proceedings unjustified. Additionally, the court determined that the conditions for reopening the assessment were not met, making the reassessment impermissible. Ultimately, the court quashed the notice and subsequent proceedings in favor of the petitioner, citing non-application of mind and being barred by limitation. Case-Laws Income Tax Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432434