https://www.taxtmi.com/caselaws?id=279309 The Appellate Tribunal ITAT DELHI allowed the cross appeal of the assessee, dismissing the revenue's appeal. The Tribunal found that no additions were made related to the alleged amount mentioned in the reopening of assessment, following precedents set by the Delhi High Court and Bombay High Court. Additionally, the issue of amalgamation of companies was raised, arguing that the assessment should have been explored in the hands of the amalgamated company. The Tribunal did not delve further into this issue, ultimately leading to the dismissal of the revenue's appeal. en-us Fri, 07 Jun 2013 00:00:00 +0530 Tue, 12 Mar 2019 14:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279309 The Appellate Tribunal ITAT DELHI allowed the cross appeal of the assessee, dismissing the revenue's appeal. The Tribunal found that no additions were made related to the alleged amount mentioned in the reopening of assessment, following precedents set by the Delhi High Court and Bombay High Court. Additionally, the issue of amalgamation of companies was raised, arguing that the assessment should have been explored in the hands of the amalgamated company. The Tribunal did not delve further into this issue, ultimately leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279309