https://www.taxtmi.com/caselaws?id=242112 The Tribunal upheld the CIT(A)'s decision that the reopening of assessment under Section 147/148 of the IT Act was not valid due to vague reasons lacking specific details. Consequently, the appeal was dismissed, rendering moot the issue of adding income from unexplained sources under Section 68 of the Income Tax Act. The Tribunal's decision was pronounced on December 13, 2013. en-us Fri, 13 Dec 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242112 The Tribunal upheld the CIT(A)'s decision that the reopening of assessment under Section 147/148 of the IT Act was not valid due to vague reasons lacking specific details. Consequently, the appeal was dismissed, rendering moot the issue of adding income from unexplained sources under Section 68 of the Income Tax Act. The Tribunal's decision was pronounced on December 13, 2013. Case-Laws Income Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242112