https://www.taxtmi.com/caselaws?id=388669 The appeal was partly allowed, with the Tribunal confirming the validity of the assessment reopening under Section 147 of the Income-tax Act but remitting the issue of the loss claim back to the Assessing Officer for further examination. The Tribunal found sufficient cause for the delay in filing the appeal and admitted it, directing the Assessing Officer to re-examine the loss claim in accordance with the law and provide a reasonable opportunity for the assessee to present their case. en-us Fri, 11 Oct 2019 00:00:00 +0530 Tue, 19 Nov 2019 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388669 The appeal was partly allowed, with the Tribunal confirming the validity of the assessment reopening under Section 147 of the Income-tax Act but remitting the issue of the loss claim back to the Assessing Officer for further examination. The Tribunal found sufficient cause for the delay in filing the appeal and admitted it, directing the Assessing Officer to re-examine the loss claim in accordance with the law and provide a reasonable opportunity for the assessee to present their case. Case-Laws Income Tax Fri, 11 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388669