https://www.taxtmi.com/caselaws?id=59768 The Tribunal ruled in favor of the assessee, quashing the reassessments made by the Assessing Officer under section 147(b) of the Income-tax Act. The Tribunal held that the reassessments were invalid as all material facts were disclosed during the original assessments, and the time limit for reopening assessments under section 147(b) had expired for certain years. The Tribunal emphasized the necessity of adhering to legal procedures and jurisdictional requirements in conducting reassessments, ultimately dismissing all four appeals filed by the department. en-us Mon, 03 Feb 1986 00:00:00 +0530 Sat, 01 Jan 2011 11:12:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59768 The Tribunal ruled in favor of the assessee, quashing the reassessments made by the Assessing Officer under section 147(b) of the Income-tax Act. The Tribunal held that the reassessments were invalid as all material facts were disclosed during the original assessments, and the time limit for reopening assessments under section 147(b) had expired for certain years. The Tribunal emphasized the necessity of adhering to legal procedures and jurisdictional requirements in conducting reassessments, ultimately dismissing all four appeals filed by the department. Case-Laws Income Tax Mon, 03 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59768