https://www.taxtmi.com/caselaws?id=271419 The appeal was partly allowed by the Tribunal. The validity of the assessment order under section 143(3) read with section 153C was upheld, dismissing certain grounds. The Tribunal found the notice issued under section 142(1) to be valid despite jurisdictional transfer timing discrepancies. However, the reclassification of income from "Business" to "Other Sources" was overturned in favor of the appellant. The Tribunal determined that the income should be assessed under the head "Business," accepting the appellant's evidence of contract work. en-us Wed, 06 Jan 2016 00:00:00 +0530 Thu, 04 Feb 2016 07:03:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271419 The appeal was partly allowed by the Tribunal. The validity of the assessment order under section 143(3) read with section 153C was upheld, dismissing certain grounds. The Tribunal found the notice issued under section 142(1) to be valid despite jurisdictional transfer timing discrepancies. However, the reclassification of income from "Business" to "Other Sources" was overturned in favor of the appellant. The Tribunal determined that the income should be assessed under the head "Business," accepting the appellant's evidence of contract work. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271419