https://www.taxtmi.com/caselaws?id=267677 The Tribunal allowed the assessee's appeal for Assessment Year 2008-09, deleting the sustained additions of negative cash balance and cash deposit, as they were not the grounds for reopening the assessment. The reopening of the assessment under Section 147 was upheld based on the material available to the Assessing Officer, and the issue of interest under Sections 234A, 234B, and 234C became academic due to the deletion of sustained additions. en-us Fri, 09 Oct 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:39:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267677 The Tribunal allowed the assessee's appeal for Assessment Year 2008-09, deleting the sustained additions of negative cash balance and cash deposit, as they were not the grounds for reopening the assessment. The reopening of the assessment under Section 147 was upheld based on the material available to the Assessing Officer, and the issue of interest under Sections 234A, 234B, and 234C became academic due to the deletion of sustained additions. Case-Laws Income Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267677