https://www.taxtmi.com/caselaws?id=362622 The Tribunal allowed the appeal of the assessee, holding that the reopening under Section 148 was invalid, the additions under Section 68 were unjustified, the returned income should be restored, and the proceedings were in violation of the principles of natural justice. The Tribunal emphasized the importance of the Assessing Officer discharging the burden under Section 148, considering credible evidence under Section 68, and adhering to principles of natural justice. The decision was based on a detailed analysis of the facts and relevant legal precedents. en-us Tue, 26 Jun 2018 00:00:00 +0530 Fri, 24 Aug 2018 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362622 The Tribunal allowed the appeal of the assessee, holding that the reopening under Section 148 was invalid, the additions under Section 68 were unjustified, the returned income should be restored, and the proceedings were in violation of the principles of natural justice. The Tribunal emphasized the importance of the Assessing Officer discharging the burden under Section 148, considering credible evidence under Section 68, and adhering to principles of natural justice. The decision was based on a detailed analysis of the facts and relevant legal precedents. Case-Laws Income Tax Tue, 26 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362622