https://www.taxtmi.com/caselaws?id=242690 The Tribunal partially allowed the appellant's appeal, ruling in favor of the appellant on the issue of addition under section 40A(3) of Rs. 2,50,980 but confirming the disallowance of Rs. 2,13,842 as bad debts or business/trading loss. The grounds related to the validity of notice under section 148 and reassessment order under section 143(3) were dismissed as not pressed by the appellant. Additionally, the Tribunal dismissed the appellant's concerns regarding the Assessing Officer's failure to pass a speaking order against objections raised before reassessment. en-us Fri, 05 Jul 2013 00:00:00 +0530 Sun, 19 Jan 2014 09:47:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242690 The Tribunal partially allowed the appellant's appeal, ruling in favor of the appellant on the issue of addition under section 40A(3) of Rs. 2,50,980 but confirming the disallowance of Rs. 2,13,842 as bad debts or business/trading loss. The grounds related to the validity of notice under section 148 and reassessment order under section 143(3) were dismissed as not pressed by the appellant. Additionally, the Tribunal dismissed the appellant's concerns regarding the Assessing Officer's failure to pass a speaking order against objections raised before reassessment. Case-Laws Income Tax Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242690