Dismissing the appeal of the revenue the Court held that, Tribunal is justified in quashing the reassessment order on ground that reasons recorded by assessing authority for reopening were never communicated to assessee though same were produced before Tribunal. (AY. 2009-10)
PCIT v. Ramaiah (2019) 103 taxmann.com 201 / 262 Taxman17 ( Karn) (HC) Editorial : SLP of revenue is dismissed. PCIT v. Ramaiah (2019) 262 Taxman 16 (SC)
S. 148 : Reassessment-Recorded reasons not communicated – Produced before the Tribunal- Reassessment is bad in law. [S. 147]