https://www.taxtmi.com/caselaws?id=328470 The Tribunal partly allowed the appeals, directing re-examination of the classification of rental income and penalty imposition. It upheld disallowances where the assessee failed to meet the evidentiary burden. The reopening of assessments was validated due to tangible material indicating income escapement. en-us Mon, 30 May 2016 00:00:00 +0530 Fri, 16 Sep 2016 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328470 The Tribunal partly allowed the appeals, directing re-examination of the classification of rental income and penalty imposition. It upheld disallowances where the assessee failed to meet the evidentiary burden. The reopening of assessments was validated due to tangible material indicating income escapement. Case-Laws Income Tax Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328470