https://www.taxtmi.com/caselaws?id=271373 The Tribunal quashed the re-opening of the assessment under section 148 of the Income Tax Act, stating that re-assessment based solely on police statements and a will is impermissible. Additionally, the Tribunal deleted the additions made for estimated marriage expenses and unexplained jewellery gifted to the daughter of the assessee, as they were deemed unsubstantiated and against the law. Consequently, the assessee's appeal was allowed, and the departmental appeal was dismissed. en-us Wed, 18 Nov 2015 00:00:00 +0530 Wed, 03 Feb 2016 06:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271373 The Tribunal quashed the re-opening of the assessment under section 148 of the Income Tax Act, stating that re-assessment based solely on police statements and a will is impermissible. Additionally, the Tribunal deleted the additions made for estimated marriage expenses and unexplained jewellery gifted to the daughter of the assessee, as they were deemed unsubstantiated and against the law. Consequently, the assessee's appeal was allowed, and the departmental appeal was dismissed. Case-Laws Income Tax Wed, 18 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271373