https://www.taxtmi.com/caselaws?id=411728 The ITAT Hyderabad upheld the CIT(A)'s decision allowing the reopening of assessments for subsequent years beyond the limitation period, based on undisclosed income from the sale of flats. The delay in filing the appeal was condoned due to circumstances beyond the assessee's control. The assessment order passed under section 144 r.w.s. 147 was challenged, leading to the ITAT's consideration of the void-ab-initio status. The treatment of income from the sale of flats for multiple years was also addressed, emphasizing the obligation to disclose income and file returns within due dates. en-us Wed, 25 Aug 2021 00:00:00 +0530 Thu, 02 Sep 2021 08:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411728 The ITAT Hyderabad upheld the CIT(A)'s decision allowing the reopening of assessments for subsequent years beyond the limitation period, based on undisclosed income from the sale of flats. The delay in filing the appeal was condoned due to circumstances beyond the assessee's control. The assessment order passed under section 144 r.w.s. 147 was challenged, leading to the ITAT's consideration of the void-ab-initio status. The treatment of income from the sale of flats for multiple years was also addressed, emphasizing the obligation to disclose income and file returns within due dates. Case-Laws Income Tax Wed, 25 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411728