https://www.taxtmi.com/caselaws?id=281011 The appeal was dismissed as the entire undisclosed investment was already assessed in the hands of another entity, M/s Basera Realtors Pvt. Ltd., and the assessee's relief claim was based on this addition. The Tribunal upheld the decision to assess the investment in Basera Realtors Pvt. Ltd.'s hands, and as they did not challenge it further, the matter was remitted back to the Assessing Officer for calculation purposes only. The revenue's argument that reassessing the same amount in the assessee's hands would be unjustified led to the dismissal of the appeal. en-us Thu, 10 May 2018 00:00:00 +0530 Fri, 31 May 2019 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281011 The appeal was dismissed as the entire undisclosed investment was already assessed in the hands of another entity, M/s Basera Realtors Pvt. Ltd., and the assessee's relief claim was based on this addition. The Tribunal upheld the decision to assess the investment in Basera Realtors Pvt. Ltd.'s hands, and as they did not challenge it further, the matter was remitted back to the Assessing Officer for calculation purposes only. The revenue's argument that reassessing the same amount in the assessee's hands would be unjustified led to the dismissal of the appeal. Case-Laws Income Tax Thu, 10 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281011