https://www.taxtmi.com/caselaws?id=438775 The reassessment proceedings initiated under section 148 of the Income-tax Act were found to be invalid as the addition made in the reassessment order was unrelated to the issue for which the proceedings were initiated. Consequently, the Tribunal allowed the appeal of the assessee, holding the reassessment order passed under section 143(3) read with section 147 of the Act to be bad in law. The additional ground raised by the assessee was also permitted. en-us Mon, 05 Jun 2023 00:00:00 +0530 Thu, 08 Jun 2023 09:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438775 The reassessment proceedings initiated under section 148 of the Income-tax Act were found to be invalid as the addition made in the reassessment order was unrelated to the issue for which the proceedings were initiated. Consequently, the Tribunal allowed the appeal of the assessee, holding the reassessment order passed under section 143(3) read with section 147 of the Act to be bad in law. The additional ground raised by the assessee was also permitted. Case-Laws Income Tax Mon, 05 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438775