https://www.taxtmi.com/caselaws?id=442472 The Tribunal quashed the reassessment proceedings, holding that the Assessing Officer cannot issue a notice under Section 148 to reopen the assessment based on the same facts previously scrutinized. The appeal by the assessee was allowed, and the addition of Rs. 60 lakhs as unexplained bank deposit under Section 69A was set aside. en-us Mon, 10 Apr 2023 00:00:00 +0530 Mon, 18 Sep 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442472 The Tribunal quashed the reassessment proceedings, holding that the Assessing Officer cannot issue a notice under Section 148 to reopen the assessment based on the same facts previously scrutinized. The appeal by the assessee was allowed, and the addition of Rs. 60 lakhs as unexplained bank deposit under Section 69A was set aside. Case-Laws Income Tax Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442472