https://www.taxtmi.com/caselaws?id=22397 The court upheld the Income-tax Officer's decision to reopen the assessment under section 69B due to discrepancies in the expenses and costs debited in the accounts of a private limited company owning a hotel. Emphasizing its limited role in reviewing decision-making processes, the court dismissed the writ petition, ruling that there was sufficient evidence to support the belief of suppression or omission by the assessee, justifying the reopening of the assessment. The court found no merit in the petitioner's challenge and vacated all interim orders, with no costs awarded. en-us Mon, 26 Nov 1990 00:00:00 +0530 Wed, 09 Dec 2009 17:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22397 The court upheld the Income-tax Officer's decision to reopen the assessment under section 69B due to discrepancies in the expenses and costs debited in the accounts of a private limited company owning a hotel. Emphasizing its limited role in reviewing decision-making processes, the court dismissed the writ petition, ruling that there was sufficient evidence to support the belief of suppression or omission by the assessee, justifying the reopening of the assessment. The court found no merit in the petitioner's challenge and vacated all interim orders, with no costs awarded. Case-Laws Income Tax Mon, 26 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22397