https://www.taxtmi.com/caselaws?id=290657 The Tribunal allowed the appeal, determining the reopening under Section 148 invalid due to insufficient evidence and inappropriate jurisdiction. It emphasized the need for corroborative evidence and adherence to natural justice principles. Consequently, the Tribunal deleted the addition of Rs. 560,000 under Section 69, restoring the returned income and quashing the AO and CIT(A) orders. en-us Mon, 28 Jan 2019 00:00:00 +0530 Thu, 14 Nov 2024 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290657 The Tribunal allowed the appeal, determining the reopening under Section 148 invalid due to insufficient evidence and inappropriate jurisdiction. It emphasized the need for corroborative evidence and adherence to natural justice principles. Consequently, the Tribunal deleted the addition of Rs. 560,000 under Section 69, restoring the returned income and quashing the AO and CIT(A) orders. Case-Laws Income Tax Mon, 28 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290657