https://www.taxtmi.com/caselaws?id=435532 The Tribunal allowed the appeal of the assessee, setting aside the notice issued under Section 148 and the consequent reassessment proceedings due to the lack of independent application of mind by the AO and the absence of a tangible basis for forming a belief that income had escaped assessment. The other grounds raised on merits of the additions were dismissed as infructuous. en-us Fri, 17 Mar 2023 00:00:00 +0530 Tue, 21 Mar 2023 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435532 The Tribunal allowed the appeal of the assessee, setting aside the notice issued under Section 148 and the consequent reassessment proceedings due to the lack of independent application of mind by the AO and the absence of a tangible basis for forming a belief that income had escaped assessment. The other grounds raised on merits of the additions were dismissed as infructuous. Case-Laws Income Tax Fri, 17 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435532