https://www.taxtmi.com/caselaws?id=256446 The Appellate Tribunal ITAT Kolkata ruled in favor of the appellant, declaring the reassessment under section 147 invalid and rejecting the addition on account of undisclosed investment. The Tribunal emphasized the importance of following legal procedures and establishing a valid basis for reassessment and valuation referrals in income tax matters. en-us Fri, 29 Aug 2014 00:00:00 +0530 Fri, 13 Feb 2015 07:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256446 The Appellate Tribunal ITAT Kolkata ruled in favor of the appellant, declaring the reassessment under section 147 invalid and rejecting the addition on account of undisclosed investment. The Tribunal emphasized the importance of following legal procedures and establishing a valid basis for reassessment and valuation referrals in income tax matters. Case-Laws Income Tax Fri, 29 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256446