https://www.taxtmi.com/caselaws?id=32194 The High Court upheld the Tribunal's decision, ruling in favor of the assessee in a case concerning reassessment proceedings under Section 148. The Court held that the Assessing Officer could not validly initiate reassessment while the time for issuing notice under Section 143(2) had not expired. The Court dismissed the revenue's appeal, affirming that the reassessment proceedings were invalid due to the pending assessment proceedings. The Division Bench's previous judgment supported this decision, leading to the dismissal of the appeals and the connected miscellaneous petition. en-us Tue, 29 Jul 2008 00:00:00 +0530 Sat, 24 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32194 The High Court upheld the Tribunal's decision, ruling in favor of the assessee in a case concerning reassessment proceedings under Section 148. The Court held that the Assessing Officer could not validly initiate reassessment while the time for issuing notice under Section 143(2) had not expired. The Court dismissed the revenue's appeal, affirming that the reassessment proceedings were invalid due to the pending assessment proceedings. The Division Bench's previous judgment supported this decision, leading to the dismissal of the appeals and the connected miscellaneous petition. Case-Laws Income Tax Tue, 29 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32194