https://www.taxtmi.com/caselaws?id=470690 Reassessment based on an assessee being a non-filer and non-PAN entity is invalid where the return of income had already been filed and disclosed the property transaction relied on for reopening. The return, computation and tax-deduction details showed that the foundational assumptions for reassessment were factually incorrect. Consequently, the reassessment proceedings and resulting assessment were treated as void from inception, with the issue decided in the assessee's favour. en-us Wed, 26 Mar 2025 00:00:00 +0530 Tue, 04 Aug 2026 20:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470690 Reassessment based on an assessee being a non-filer and non-PAN entity is invalid where the return of income had already been filed and disclosed the property transaction relied on for reopening. The return, computation and tax-deduction details showed that the foundational assumptions for reassessment were factually incorrect. Consequently, the reassessment proceedings and resulting assessment were treated as void from inception, with the issue decided in the assessee's favour. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470690