https://www.taxtmi.com/caselaws?id=350489 The Tribunal allowed all appeals of the assessee, directing the deletion of additions made under Sections 41(1) and 28(iv) of the IT Act, as well as the penalty imposed under Section 271(1)(c). The reopening of assessments under Section 148 was deemed academic and not addressed further. en-us Tue, 03 Oct 2017 00:00:00 +0530 Mon, 06 Nov 2017 22:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350489 The Tribunal allowed all appeals of the assessee, directing the deletion of additions made under Sections 41(1) and 28(iv) of the IT Act, as well as the penalty imposed under Section 271(1)(c). The reopening of assessments under Section 148 was deemed academic and not addressed further. Case-Laws Income Tax Tue, 03 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350489