https://www.taxtmi.com/caselaws?id=186319 In the case of Mohanlal R. Daga, the Tribunal held that the Assessing Officer should have provided reasons for reopening the assessment when requested by the assessee. However, as no material prejudice was caused, the matter was not remanded. Regarding the addition of income from alleged bogus sales of loose diamonds, the Tribunal found that statements made by a witness during a survey, without an opportunity for cross-examination, could not be used against the assessee. As the witness retracted the statements and supported the transactions later, the additions were deleted. The Tribunal allowed the appeals, emphasizing the need for proper procedures in assessments. en-us Wed, 22 Sep 2004 00:00:00 +0530 Wed, 14 Sep 2016 14:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186319 In the case of Mohanlal R. Daga, the Tribunal held that the Assessing Officer should have provided reasons for reopening the assessment when requested by the assessee. However, as no material prejudice was caused, the matter was not remanded. Regarding the addition of income from alleged bogus sales of loose diamonds, the Tribunal found that statements made by a witness during a survey, without an opportunity for cross-examination, could not be used against the assessee. As the witness retracted the statements and supported the transactions later, the additions were deleted. The Tribunal allowed the appeals, emphasizing the need for proper procedures in assessments. Case-Laws Income Tax Wed, 22 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186319