https://www.taxtmi.com/caselaws?id=768929 The Tribunal invalidated reassessment proceedings under Section 147 of the Income Tax Act due to incorrect factual findings by the Assessing Officer. The sanction under Section 151 was deemed invalid because the Principal Commissioner's approval form lacked a date. Consequently, the Tribunal quashed the reassessment proceedings, emphasizing the importance of procedural accuracy and factual correctness in tax litigation. en-us Thu, 28 Nov 2024 00:00:00 +0530 Wed, 16 Apr 2025 08:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768929 The Tribunal invalidated reassessment proceedings under Section 147 of the Income Tax Act due to incorrect factual findings by the Assessing Officer. The sanction under Section 151 was deemed invalid because the Principal Commissioner's approval form lacked a date. Consequently, the Tribunal quashed the reassessment proceedings, emphasizing the importance of procedural accuracy and factual correctness in tax litigation. Case-Laws Income Tax Thu, 28 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768929