https://www.taxtmi.com/caselaws?id=388559 The Tribunal allowed the appeal, quashing the reopening of the assessment for A.Y. 2012-2013 and deleting the addition of Rs. 21,28,020 under section 69A. The decision was based on factual inaccuracies, inconsistencies, and lack of application of mind by the A.O., rendering the reassessment proceedings invalid and legally flawed. en-us Fri, 15 Nov 2019 00:00:00 +0530 Mon, 18 Nov 2019 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388559 The Tribunal allowed the appeal, quashing the reopening of the assessment for A.Y. 2012-2013 and deleting the addition of Rs. 21,28,020 under section 69A. The decision was based on factual inaccuracies, inconsistencies, and lack of application of mind by the A.O., rendering the reassessment proceedings invalid and legally flawed. Case-Laws Income Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388559