https://www.taxtmi.com/caselaws?id=344075 The Tribunal dismissed the appeal against the reopening of assessment under section 148 as the assessee failed to file a return in response to the notice. The addition of Rs. 5,00,000/- on account of unexplained investment under section 69 was upheld in the hands of the assessee, with the remaining Rs. 5,00,000/- to be added to the other partner. Disallowances of transport charges, vehicle and telephone expenses, and other expenses were confirmed. The Tribunal directed further action for verifying an amount credited in the bank account for a specific assessment year. Two appeals were dismissed, and one was partly allowed in the case. en-us Fri, 02 Jun 2017 00:00:00 +0530 Thu, 08 Jun 2017 05:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344075 The Tribunal dismissed the appeal against the reopening of assessment under section 148 as the assessee failed to file a return in response to the notice. The addition of Rs. 5,00,000/- on account of unexplained investment under section 69 was upheld in the hands of the assessee, with the remaining Rs. 5,00,000/- to be added to the other partner. Disallowances of transport charges, vehicle and telephone expenses, and other expenses were confirmed. The Tribunal directed further action for verifying an amount credited in the bank account for a specific assessment year. Two appeals were dismissed, and one was partly allowed in the case. Case-Laws Income Tax Fri, 02 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344075