https://www.taxtmi.com/caselaws?id=388856 The Tribunal upheld the reopening of the assessment under Section 147, citing valid reasons for income escapement based on seized documents. Additionally, the Tribunal confirmed the addition of interest on Post Dated Cheques (PDCs), directing a recomputation based on the PDC extension period or six months from the sale date, following the established modus operandi within the BPTP Group. The Assessee's appeal was dismissed. en-us Fri, 22 Nov 2019 00:00:00 +0530 Mon, 25 Nov 2019 10:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388856 The Tribunal upheld the reopening of the assessment under Section 147, citing valid reasons for income escapement based on seized documents. Additionally, the Tribunal confirmed the addition of interest on Post Dated Cheques (PDCs), directing a recomputation based on the PDC extension period or six months from the sale date, following the established modus operandi within the BPTP Group. The Assessee's appeal was dismissed. Case-Laws Income Tax Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388856