https://www.taxtmi.com/caselaws?id=788359 Whether a reassessment under section 143(3) r.w.s. 147 read with section 148 is valid where the AO concluded reassessment within four weeks of disposing objections: the tribunal applied the principle that when objections to reasons for reopening are rejected the Assessing Officer must not proceed further for four weeks from service/disposal of those objections; concluding reassessment within that four week period violates the cooling off mandate and renders reassessment proceedings invalid. Outcome: reassessment quashed in favour of the assessee. en-us Thu, 19 Feb 2026 00:00:00 +0530 Fri, 20 Mar 2026 08:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788359 Whether a reassessment under section 143(3) r.w.s. 147 read with section 148 is valid where the AO concluded reassessment within four weeks of disposing objections: the tribunal applied the principle that when objections to reasons for reopening are rejected the Assessing Officer must not proceed further for four weeks from service/disposal of those objections; concluding reassessment within that four week period violates the cooling off mandate and renders reassessment proceedings invalid. Outcome: reassessment quashed in favour of the assessee. Case-Laws Income Tax Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788359