https://www.taxtmi.com/caselaws?id=302852 The Tribunal upheld the decision of the Ld. Commissioner of Income Tax (Appeals) in admitting additional evidence, as the assessment was reopened based on specific information. However, the Tribunal found the proceedings initiated under section 148 to be invalid due to non-service of notice, rendering the best judgment assessment under section 144 unsustainable. Address discrepancies in serving notices were highlighted, leading to the dismissal of the Revenue's appeal. The judgment emphasized the importance of following legal procedures and having substantial grounds for assessments. en-us Wed, 08 Jul 2015 00:00:00 +0530 Tue, 21 Jun 2022 20:38:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302852 The Tribunal upheld the decision of the Ld. Commissioner of Income Tax (Appeals) in admitting additional evidence, as the assessment was reopened based on specific information. However, the Tribunal found the proceedings initiated under section 148 to be invalid due to non-service of notice, rendering the best judgment assessment under section 144 unsustainable. Address discrepancies in serving notices were highlighted, leading to the dismissal of the Revenue's appeal. The judgment emphasized the importance of following legal procedures and having substantial grounds for assessments. Case-Laws Income Tax Wed, 08 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302852