https://www.taxtmi.com/caselaws?id=457503 The Tribunal quashed the assessment as invalid due to the Assessing Officer's failure to dispose of objections related to the re-opening under section 147 of the Income Tax Act, 1961. The Tribunal ruled that the re-opening was beyond jurisdiction since the assessee had disclosed all material facts, and the re-opening occurred beyond the four-year period. The appeal was allowed, underscoring the necessity for proper procedural adherence and disclosure in assessment processes. en-us Wed, 16 Jan 2019 00:00:00 +0530 Fri, 20 Sep 2024 20:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457503 The Tribunal quashed the assessment as invalid due to the Assessing Officer's failure to dispose of objections related to the re-opening under section 147 of the Income Tax Act, 1961. The Tribunal ruled that the re-opening was beyond jurisdiction since the assessee had disclosed all material facts, and the re-opening occurred beyond the four-year period. The appeal was allowed, underscoring the necessity for proper procedural adherence and disclosure in assessment processes. Case-Laws Income Tax Wed, 16 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457503