Held that the Assessing Officer assessed the certain income as substantive basis in another entity, hence assumption of jurisdiction by the Assessing Officer is held to be not valid. Reassessment is quashed. (AY. 2010-11)
World Sport Group (Mauritius) Ltd. v. Dy. CIT(2023) 226 TTJ 282 (Mum)(Trib)
S. 147 : Reassessment-No tangible material-Addition is made substantive basis in another entity-Reassessment is quashed.[ S. 148, 153A]