https://www.taxtmi.com/caselaws?id=429989 The Tribunal upheld the re-opening of the assessment under section 148, disallowance of Rs. 35,00,000 from Work-in-Progress (WIP) for lack of evidence of services rendered, and found the Assessing Officer (AO) compliant with procedural requirements. The Tribunal dismissed all appeals, concluding the AO acted within the legal framework, supported by new information justifying re-opening, and the lack of substantiation by the assessee. en-us Mon, 17 Oct 2022 00:00:00 +0530 Wed, 09 Nov 2022 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429989 The Tribunal upheld the re-opening of the assessment under section 148, disallowance of Rs. 35,00,000 from Work-in-Progress (WIP) for lack of evidence of services rendered, and found the Assessing Officer (AO) compliant with procedural requirements. The Tribunal dismissed all appeals, concluding the AO acted within the legal framework, supported by new information justifying re-opening, and the lack of substantiation by the assessee. Case-Laws Income Tax Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429989