https://www.taxtmi.com/caselaws?id=439737 The appeal challenged the reopening of assessment for Assessment Year 2004-05, contending it lacked fresh material and was a review impermissible under Section 147. The reassessment was invalidated as a review exercise without new tangible material, following the Kelvinator case law. The reassessment proceedings were quashed, rendering the merits of the case irrelevant, leading to the appeal being allowed. The judges presiding were Hon'ble Shri V. Durga Rao and Hon'ble Shri Manoj Kumar Aggarwal. en-us Fri, 23 Jun 2023 00:00:00 +0530 Sat, 01 Jul 2023 08:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439737 The appeal challenged the reopening of assessment for Assessment Year 2004-05, contending it lacked fresh material and was a review impermissible under Section 147. The reassessment was invalidated as a review exercise without new tangible material, following the Kelvinator case law. The reassessment proceedings were quashed, rendering the merits of the case irrelevant, leading to the appeal being allowed. The judges presiding were Hon'ble Shri V. Durga Rao and Hon'ble Shri Manoj Kumar Aggarwal. Case-Laws Income Tax Fri, 23 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439737