https://www.taxtmi.com/caselaws?id=273822 The Tribunal partly allowed the appeal, setting aside the addition of Rs. 9,00,000 for reassessment by the Assessing Officer. The appeal was filed against the CIT (Appeals) order for the assessment year 2001-02. The Tribunal upheld the legality of proceedings under section 148 of the Income Tax Act, finding the notice was issued within the statutory time limit and based on specific information. The Tribunal directed the issue of the addition of Rs. 9,00,000 to be sent back for fresh consideration. en-us Mon, 08 Jun 2009 00:00:00 +0530 Mon, 16 Jul 2018 15:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273822 The Tribunal partly allowed the appeal, setting aside the addition of Rs. 9,00,000 for reassessment by the Assessing Officer. The appeal was filed against the CIT (Appeals) order for the assessment year 2001-02. The Tribunal upheld the legality of proceedings under section 148 of the Income Tax Act, finding the notice was issued within the statutory time limit and based on specific information. The Tribunal directed the issue of the addition of Rs. 9,00,000 to be sent back for fresh consideration. Case-Laws Income Tax Mon, 08 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273822