https://www.taxtmi.com/caselaws?id=420356 The Tribunal found the reopening of assessment beyond four years without failure to disclose material facts by the assessee invalid. Consequently, the appeal by the revenue challenging the order of Ld.CIT(A) was dismissed, and the cross objection by the assessee was allowed. The Tribunal directed the Assessing Officer to delete the addition of Rs. 2 crore, acknowledging the provided evidences' sufficiency. en-us Mon, 07 Mar 2022 00:00:00 +0530 Fri, 01 Apr 2022 08:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420356 The Tribunal found the reopening of assessment beyond four years without failure to disclose material facts by the assessee invalid. Consequently, the appeal by the revenue challenging the order of Ld.CIT(A) was dismissed, and the cross objection by the assessee was allowed. The Tribunal directed the Assessing Officer to delete the addition of Rs. 2 crore, acknowledging the provided evidences' sufficiency. Case-Laws Income Tax Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420356