https://www.taxtmi.com/caselaws?id=196498 The Tribunal allowed the appeal by the assessee, holding that the reopening of the assessment under Section 148 of the Income Tax Act was invalid due to lack of proper reasoning and application of mind by the Assessing Officer. Consequently, the addition under Section 69 of the Income Tax Act was set aside. en-us Mon, 23 Jan 2017 00:00:00 +0530 Sun, 03 Dec 2017 10:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196498 The Tribunal allowed the appeal by the assessee, holding that the reopening of the assessment under Section 148 of the Income Tax Act was invalid due to lack of proper reasoning and application of mind by the Assessing Officer. Consequently, the addition under Section 69 of the Income Tax Act was set aside. Case-Laws Income Tax Mon, 23 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196498