https://www.taxtmi.com/caselaws?id=362490 The Tribunal ruled in favor of the Assessee, holding the reopening under Section 148 of the Income Tax Act as invalid and the additions under Section 68 as unjustified. It emphasized the necessity of the Assessing Officer independently applying their mind and adhering to principles of natural justice. The Tribunal deleted the additions made by the AO and restored the income declared by the Assessee. en-us Mon, 25 Jun 2018 00:00:00 +0530 Wed, 27 Jun 2018 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362490 The Tribunal ruled in favor of the Assessee, holding the reopening under Section 148 of the Income Tax Act as invalid and the additions under Section 68 as unjustified. It emphasized the necessity of the Assessing Officer independently applying their mind and adhering to principles of natural justice. The Tribunal deleted the additions made by the AO and restored the income declared by the Assessee. Case-Laws Income Tax Mon, 25 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362490