https://www.taxtmi.com/caselaws?id=68016 The Tribunal ruled in favor of the assessee in all aspects of the case. The initiation of reassessment proceedings under section 147(A) for the assessment year 1981-82 was deemed invalid as all necessary facts were disclosed during the original assessment. The additions of undisclosed investments and expenditures for various assessment years were found to lack sufficient basis or evidence and were directed to be deleted. The Tribunal also upheld the assessee's position regarding the undisclosed income from a land dealing business and the assessment of income from another source for different assessment years. Ultimately, all appeals by the assessee were allowed, and the additions made by the Assessing Officer were ordered to be removed. en-us Fri, 08 Mar 1991 00:00:00 +0530 Wed, 16 Mar 2011 14:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68016 The Tribunal ruled in favor of the assessee in all aspects of the case. The initiation of reassessment proceedings under section 147(A) for the assessment year 1981-82 was deemed invalid as all necessary facts were disclosed during the original assessment. The additions of undisclosed investments and expenditures for various assessment years were found to lack sufficient basis or evidence and were directed to be deleted. The Tribunal also upheld the assessee's position regarding the undisclosed income from a land dealing business and the assessment of income from another source for different assessment years. Ultimately, all appeals by the assessee were allowed, and the additions made by the Assessing Officer were ordered to be removed. Case-Laws Income Tax Fri, 08 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68016