https://www.taxtmi.com/caselaws?id=358952 The Tribunal upheld the reopening of the assessment under Section 148 based on cash deposits, despite the return of income being filed. The disallowance of expenditure due to lack of registration under Section 12A was upheld. The Tribunal directed a fresh adjudication on all issues, including the treatment of donations as capital receipts, and provided the assessee with an opportunity to present evidence and arguments. The appeal was allowed for statistical purposes, and the matter was remanded to the CIT(A) for further proceedings. en-us Thu, 19 Apr 2018 00:00:00 +0530 Sat, 21 Apr 2018 06:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358952 The Tribunal upheld the reopening of the assessment under Section 148 based on cash deposits, despite the return of income being filed. The disallowance of expenditure due to lack of registration under Section 12A was upheld. The Tribunal directed a fresh adjudication on all issues, including the treatment of donations as capital receipts, and provided the assessee with an opportunity to present evidence and arguments. The appeal was allowed for statistical purposes, and the matter was remanded to the CIT(A) for further proceedings. Case-Laws Income Tax Thu, 19 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358952