https://www.taxtmi.com/caselaws?id=178924 The Tribunal allowed the appeal challenging the assessment order for the assessment year 2004-05 u/s 148 of the IT Act, 1961. The appellant's contentions regarding the validity of the assessment order and the treatment of a loan as taxable income were considered. An additional ground raised concerning the absence of notice u/s 143(2) was admitted as a legal issue. The Tribunal followed Supreme Court precedent, setting aside the additional ground for CIT(A) reconsideration and allowing the appeal for statistical purposes. en-us Wed, 27 Feb 2013 00:00:00 +0530 Tue, 16 Feb 2016 12:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178924 The Tribunal allowed the appeal challenging the assessment order for the assessment year 2004-05 u/s 148 of the IT Act, 1961. The appellant's contentions regarding the validity of the assessment order and the treatment of a loan as taxable income were considered. An additional ground raised concerning the absence of notice u/s 143(2) was admitted as a legal issue. The Tribunal followed Supreme Court precedent, setting aside the additional ground for CIT(A) reconsideration and allowing the appeal for statistical purposes. Case-Laws Income Tax Wed, 27 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178924