https://www.taxtmi.com/caselaws?id=68135 The Tribunal partly allowed the appeal, ruling in favor of the assessee by deleting the additions made by the Assessing Officer regarding undisclosed and unexplained investments. Additionally, the Tribunal directed against charging interest under sections 139(8) and 217, citing precedents from various courts, including the Rajasthan High Court. The Tribunal upheld the validity of the notice issued under section 148, as the Assessing Officer had reasonable grounds to believe that the assessee's income had escaped assessment due to property construction. en-us Mon, 30 Aug 1993 00:00:00 +0530 Wed, 16 Mar 2011 18:34:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68135 The Tribunal partly allowed the appeal, ruling in favor of the assessee by deleting the additions made by the Assessing Officer regarding undisclosed and unexplained investments. Additionally, the Tribunal directed against charging interest under sections 139(8) and 217, citing precedents from various courts, including the Rajasthan High Court. The Tribunal upheld the validity of the notice issued under section 148, as the Assessing Officer had reasonable grounds to believe that the assessee's income had escaped assessment due to property construction. Case-Laws Income Tax Mon, 30 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68135