https://www.taxtmi.com/caselaws?id=394526 The Tribunal upheld the validity of reopening the assessment based on a DVO report obtained during valid assessment proceedings of another entity. It sustained an addition of Rs. 3,36,561 due to lack of cooperation and supporting evidence from the assessee, while deleting the remaining addition. The Tribunal deemed the entire profit taxable in the assessment year under consideration as the assessee did not provide year-wise income details. The Tribunal also ruled that the DVO's adoption of CPWD rates was appropriate and rejected the claim of lack of show-cause notice due to the assessee's non-cooperation. en-us Tue, 04 Feb 2020 00:00:00 +0530 Wed, 15 Apr 2020 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394526 The Tribunal upheld the validity of reopening the assessment based on a DVO report obtained during valid assessment proceedings of another entity. It sustained an addition of Rs. 3,36,561 due to lack of cooperation and supporting evidence from the assessee, while deleting the remaining addition. The Tribunal deemed the entire profit taxable in the assessment year under consideration as the assessee did not provide year-wise income details. The Tribunal also ruled that the DVO's adoption of CPWD rates was appropriate and rejected the claim of lack of show-cause notice due to the assessee's non-cooperation. Case-Laws Income Tax Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394526