https://www.taxtmi.com/caselaws?id=444170 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s order that the reassessment was invalid due to lack of jurisdiction. The AO issued a notice under Section 148 without proper verification and jurisdiction, leading to the annulment of the reassessment. The Tribunal found that the AO had mechanically issued the notice based on incorrect facts and without due application of mind. Consequently, the reassessment was deemed invalid, and the revenue's appeal was dismissed on 8th September 2023. en-us Fri, 08 Sep 2023 00:00:00 +0530 Wed, 11 Oct 2023 08:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444170 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s order that the reassessment was invalid due to lack of jurisdiction. The AO issued a notice under Section 148 without proper verification and jurisdiction, leading to the annulment of the reassessment. The Tribunal found that the AO had mechanically issued the notice based on incorrect facts and without due application of mind. Consequently, the reassessment was deemed invalid, and the revenue's appeal was dismissed on 8th September 2023. Case-Laws Income Tax Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444170