https://www.taxtmi.com/caselaws?id=782617 The ITAT Raipur allowed the assessee's appeal and quashed the reassessment proceedings initiated u/s 147/148. The Tribunal held that the Assessing Officer's "reasons to believe" were founded on ITS data that was never supplied to the assessee, thereby denying reasonable opportunity and violating principles of natural justice. Consequently, the reopening was held bad in law, arbitrary and void ab initio. Additionally, the notice u/s 148 was found to be unsigned and blank, infringing s. 282A(1). Such a defective and invalid notice could not confer jurisdiction on the Assessing Officer, furnishing an independent ground to annul the reassessment. en-us Thu, 07 Aug 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782617 The ITAT Raipur allowed the assessee's appeal and quashed the reassessment proceedings initiated u/s 147/148. The Tribunal held that the Assessing Officer's "reasons to believe" were founded on ITS data that was never supplied to the assessee, thereby denying reasonable opportunity and violating principles of natural justice. Consequently, the reopening was held bad in law, arbitrary and void ab initio. Additionally, the notice u/s 148 was found to be unsigned and blank, infringing s. 282A(1). Such a defective and invalid notice could not confer jurisdiction on the Assessing Officer, furnishing an independent ground to annul the reassessment. Case-Laws Income Tax Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782617