https://www.taxtmi.com/caselaws?id=264896 The Tribunal upheld the decision to reopen the assessment under section 148 due to non-deduction of tax for freight charges. Disallowances of amounts received from Geep Batteries India Pvt Ltd and Acme Chemicals Pvt Ltd were confirmed as the assessee failed to explain differences in freight charges and amounts received. The Tribunal also supported the disallowance of lorry hire charges, emphasizing the importance of form 15-I for tax liability determination. Ultimately, the Tribunal dismissed appeals from both the assessee and revenue, affirming the CIT(A)'s orders on all issues. en-us Thu, 30 Oct 2014 00:00:00 +0530 Sun, 04 Oct 2015 12:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264896 The Tribunal upheld the decision to reopen the assessment under section 148 due to non-deduction of tax for freight charges. Disallowances of amounts received from Geep Batteries India Pvt Ltd and Acme Chemicals Pvt Ltd were confirmed as the assessee failed to explain differences in freight charges and amounts received. The Tribunal also supported the disallowance of lorry hire charges, emphasizing the importance of form 15-I for tax liability determination. Ultimately, the Tribunal dismissed appeals from both the assessee and revenue, affirming the CIT(A)'s orders on all issues. Case-Laws Income Tax Thu, 30 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264896