https://www.taxtmi.com/caselaws?id=439295 The Tribunal quashed the reassessment proceedings as they were found to be barred by limitation, based on the lack of new tangible material post the original assessment. Consequently, the appeal of the assessee was partly allowed, with other issues such as disallowance of expenses and penalty proceedings becoming moot. en-us Tue, 06 Jun 2023 00:00:00 +0530 Wed, 21 Jun 2023 09:12:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439295 The Tribunal quashed the reassessment proceedings as they were found to be barred by limitation, based on the lack of new tangible material post the original assessment. Consequently, the appeal of the assessee was partly allowed, with other issues such as disallowance of expenses and penalty proceedings becoming moot. Case-Laws Income Tax Tue, 06 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439295