https://www.taxtmi.com/caselaws?id=179407 The Tribunal partially allowed ITA Nos. 835 & 2126/Del/09 and fully allowed ITA No. 2127/Del/09. The reassessment order was quashed, and the additions made by the Commissioner under section 263 were deleted. The Tribunal found that the advances received were genuine, the reassessment proceedings were invalid for one year, and the additions made by the Commissioner were not justified. en-us Fri, 15 Jan 2010 00:00:00 +0530 Tue, 01 Mar 2016 11:27:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179407 The Tribunal partially allowed ITA Nos. 835 & 2126/Del/09 and fully allowed ITA No. 2127/Del/09. The reassessment order was quashed, and the additions made by the Commissioner under section 263 were deleted. The Tribunal found that the advances received were genuine, the reassessment proceedings were invalid for one year, and the additions made by the Commissioner were not justified. Case-Laws Income Tax Fri, 15 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179407