https://www.taxtmi.com/caselaws?id=155010 The reassessment proceedings were potentially void due to procedural lapses, but the case was primarily decided on merits. The addition of Rs. 20 lakhs as concealed income was rejected due to lack of concrete evidence and inconsistencies in statements. The Tribunal allowed the appeal, ruling in favor of the assessee on September 23, 2011. en-us Fri, 23 Sep 2011 00:00:00 +0530 Fri, 22 Sep 2017 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155010 The reassessment proceedings were potentially void due to procedural lapses, but the case was primarily decided on merits. The addition of Rs. 20 lakhs as concealed income was rejected due to lack of concrete evidence and inconsistencies in statements. The Tribunal allowed the appeal, ruling in favor of the assessee on September 23, 2011. Case-Laws Income Tax Fri, 23 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155010