https://www.taxtmi.com/caselaws?id=434407 The Tribunal found the reassessment proceedings initiated by the Assessing Officer (AO) to be invalid due to fundamental defects in the reasons recorded for reopening and the impermissible issuance of a corrigendum. Consequently, the notice under Section 148 and the reassessment order under Section 147 were set aside and cancelled. The appeal of the assessee was allowed, rendering all other grounds raised by the assessee infructuous and academic. en-us Tue, 21 Feb 2023 00:00:00 +0530 Thu, 23 Feb 2023 08:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434407 The Tribunal found the reassessment proceedings initiated by the Assessing Officer (AO) to be invalid due to fundamental defects in the reasons recorded for reopening and the impermissible issuance of a corrigendum. Consequently, the notice under Section 148 and the reassessment order under Section 147 were set aside and cancelled. The appeal of the assessee was allowed, rendering all other grounds raised by the assessee infructuous and academic. Case-Laws Income Tax Tue, 21 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434407