Reopening of assessment u/s 147 - AO had sufficient material to...

Reopening of assessment u/s 147 - AO had sufficient material to form a prima facie belief that the assessee had made cash payments for purchase of aforesaid properties, thereby leading to escapement of income. - CIT(Appeals) rightly held that issuance of notice u/s 147 as valid in the instant set of facts - Further, admission of additional evidences by the CIT(A) also in line with rule 46A. - AT