https://www.taxtmi.com/caselaws?id=282441 The appellate tribunal partially allowed the appeal, dismissing the challenge against the reopening of assessment under section 148 of the Income Tax Act for the assessment year 2008-09. The tribunal upheld the reopening citing tangible material available with the Assessing Officer from the Director General of Income Tax (Inv.), Mumbai. However, the tribunal directed the deletion of the estimated addition of unexplained expenditure amounting to Rs. 33,46,408, as the Assessing Officer failed to properly consider the evidence submitted by the assessee, shifting the onus to disprove it onto the department. en-us Mon, 25 Mar 2019 00:00:00 +0530 Wed, 07 Aug 2019 18:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282441 The appellate tribunal partially allowed the appeal, dismissing the challenge against the reopening of assessment under section 148 of the Income Tax Act for the assessment year 2008-09. The tribunal upheld the reopening citing tangible material available with the Assessing Officer from the Director General of Income Tax (Inv.), Mumbai. However, the tribunal directed the deletion of the estimated addition of unexplained expenditure amounting to Rs. 33,46,408, as the Assessing Officer failed to properly consider the evidence submitted by the assessee, shifting the onus to disprove it onto the department. Case-Laws Income Tax Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282441