https://www.taxtmi.com/caselaws?id=218823 The Tribunal upheld the validity of the assessment reopening under Section 147 due to the assessee's failure to fully disclose material facts. It directed a reassessment of the annual rental value of properties and remanded the disallowance of expenditure under Section 14A back to the AO for reconsideration in line with judicial precedents. The appeals by the assessee were partly allowed for statistical purposes. en-us Fri, 13 Jan 2012 00:00:00 +0530 Tue, 27 Nov 2012 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218823 The Tribunal upheld the validity of the assessment reopening under Section 147 due to the assessee's failure to fully disclose material facts. It directed a reassessment of the annual rental value of properties and remanded the disallowance of expenditure under Section 14A back to the AO for reconsideration in line with judicial precedents. The appeals by the assessee were partly allowed for statistical purposes. Case-Laws Income Tax Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218823