The Tribunal held that there was no new tangible material to reopen the assessment. The reassessment was rightly quashed by the Commissioner (Appeals). (AY. 2011-12)
Sanjit Jitendranath Biswas v. ITO (2022)97 ITR 14 (SN) (Surat) (Trib)
S. 147: Reassessment-No new tangible material to reopen assessment-Reassessment quashed. [S. 148]