https://www.taxtmi.com/caselaws?id=395997 The Tribunal allowed the appeal, ruling the reopening of assessment invalid and the addition made by the Assessing Officer unjustified. The Tribunal found that the rental income did not belong to the assessee, leading to the quashing of the notice u/s 148 and deletion of the addition. The decision highlighted the significance of accurate assessment based on factual correctness, ultimately favoring the assessee in the case. en-us Fri, 05 Jun 2020 00:00:00 +0530 Tue, 16 Jun 2020 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395997 The Tribunal allowed the appeal, ruling the reopening of assessment invalid and the addition made by the Assessing Officer unjustified. The Tribunal found that the rental income did not belong to the assessee, leading to the quashing of the notice u/s 148 and deletion of the addition. The decision highlighted the significance of accurate assessment based on factual correctness, ultimately favoring the assessee in the case. Case-Laws Income Tax Fri, 05 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395997