Appellate Tribunal Cannot Overturn CIT(A) Decision Without Justification on Full Disclosure by Assessee.

Appellate Tribunal Cannot Overturn CIT(A) Decision Without Justification on Full Disclosure by Assessee. https://www.taxtmi.com/highlights?id=51574 Reopening of assessment u/s 147 - The CIT(A) recorded a finding of fact that there was no failure on the part of the assessee to disclose fully and truly all the material facts necessary for the assessment. Such finding of fact could not have been disturbed by the appellate tribunal without any basis for the same. en-us Tue, 04 Feb 2020 08:36:02 +0530 Tue, 04 Feb 2020 08:36:02 +0530 TaxTMI RSS Generator Appellate Tribunal Cannot Overturn CIT(A) Decision Without Justification on Full Disclosure by Assessee. https://www.taxtmi.com/highlights?id=51574 Reopening of assessment u/s 147 - The CIT(A) recorded a finding of fact that there was no failure on the part of the assessee to disclose fully and truly all the material facts necessary for the assessment. Such finding of fact could not have been disturbed by the appellate tribunal without any basis for the same. Highlights Income Tax Tue, 04 Feb 2020 08:36:02 +0530 https://www.taxtmi.com/highlights?id=51574