https://www.taxtmi.com/caselaws?id=387359 The Tribunal quashed the reassessment proceedings initiated under Section 147 due to improper approval and lack of substantial evidence. It also invalidated the addition under Section 40A(3) as the reassessment was not justified on the original grounds. Consequently, the appeal filed by the assessee was allowed. en-us Thu, 26 Sep 2019 00:00:00 +0530 Mon, 21 Oct 2019 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387359 The Tribunal quashed the reassessment proceedings initiated under Section 147 due to improper approval and lack of substantial evidence. It also invalidated the addition under Section 40A(3) as the reassessment was not justified on the original grounds. Consequently, the appeal filed by the assessee was allowed. Case-Laws Income Tax Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387359