https://www.taxtmi.com/caselaws?id=408199 The tribunal allowed the appeal, quashing the reassessment proceedings due to invalid service of notice, mechanical approval for reopening, and arbitrary exercise of power. Additionally, the tribunal deleted the addition of unexplained investment as the assessee adequately explained the sources of funds. en-us Tue, 25 May 2021 00:00:00 +0530 Sat, 07 Aug 2021 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408199 The tribunal allowed the appeal, quashing the reassessment proceedings due to invalid service of notice, mechanical approval for reopening, and arbitrary exercise of power. Additionally, the tribunal deleted the addition of unexplained investment as the assessee adequately explained the sources of funds. Case-Laws Income Tax Tue, 25 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408199