https://www.taxtmi.com/caselaws?id=367800 The tribunal upheld the Assessing Officer's decision to reopen the assessment after four years due to undisclosed income and disallowed expenditure, resulting in the addition of undisclosed income. The tribunal rejected the Assessee's arguments that the undisclosed income was for advertisement services, emphasizing that since the amount was not shown in the accounts, the expenditure was not offered. The tribunal directed the Assessing Officer to verify the receipts and payments related to the advertisement services and partially allowed the appeal, subject to specified observations. en-us Wed, 18 Jul 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367800 The tribunal upheld the Assessing Officer's decision to reopen the assessment after four years due to undisclosed income and disallowed expenditure, resulting in the addition of undisclosed income. The tribunal rejected the Assessee's arguments that the undisclosed income was for advertisement services, emphasizing that since the amount was not shown in the accounts, the expenditure was not offered. The tribunal directed the Assessing Officer to verify the receipts and payments related to the advertisement services and partially allowed the appeal, subject to specified observations. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367800