https://www.taxtmi.com/caselaws?id=344323 The assessee's appeal against the reopening of assessment under section 148 of the Income Tax Act was dismissed as the Tribunal held that failure to furnish a return in response to the notice precluded contesting the reopening. Additionally, the Tribunal upheld the addition of Rs. 5,00,000 on account of unexplained investments under section 69 and various disallowances of expenses. The appeal in one instance was partly allowed with directions to the Assessing Officer regarding the addition of Rs. 10,00,000 based on the partner's appeal outcome. en-us Fri, 02 Jun 2017 00:00:00 +0530 Thu, 15 Jun 2017 08:04:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344323 The assessee's appeal against the reopening of assessment under section 148 of the Income Tax Act was dismissed as the Tribunal held that failure to furnish a return in response to the notice precluded contesting the reopening. Additionally, the Tribunal upheld the addition of Rs. 5,00,000 on account of unexplained investments under section 69 and various disallowances of expenses. The appeal in one instance was partly allowed with directions to the Assessing Officer regarding the addition of Rs. 10,00,000 based on the partner's appeal outcome. Case-Laws Income Tax Fri, 02 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344323