https://www.taxtmi.com/caselaws?id=430019 The Tribunal upheld the validity of the reassessment under Section 147, dismissing the assessee's appeals. However, the issue of adding Rs. 6.8 crores as unaccounted income was remanded back to the CIT(A) for further examination, emphasizing the need for concrete evidence linking the transactions to the AOP to avoid double taxation and ensure accurate income attribution. en-us Wed, 10 Aug 2022 00:00:00 +0530 Wed, 09 Nov 2022 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430019 The Tribunal upheld the validity of the reassessment under Section 147, dismissing the assessee's appeals. However, the issue of adding Rs. 6.8 crores as unaccounted income was remanded back to the CIT(A) for further examination, emphasizing the need for concrete evidence linking the transactions to the AOP to avoid double taxation and ensure accurate income attribution. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430019