https://www.taxtmi.com/caselaws?id=437408 The Tribunal quashed the reassessment proceedings as the reasons for reopening lacked tangible material to support the belief that income had escaped assessment. The appeal of the assessee was allowed, highlighting that the reassessment was not sustainable under the law. en-us Wed, 03 May 2023 00:00:00 +0530 Wed, 03 May 2023 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437408 The Tribunal quashed the reassessment proceedings as the reasons for reopening lacked tangible material to support the belief that income had escaped assessment. The appeal of the assessee was allowed, highlighting that the reassessment was not sustainable under the law. Case-Laws Income Tax Wed, 03 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437408