https://www.taxtmi.com/caselaws?id=305456 The Tribunal upheld the order of the CIT(A) dismissing the revenue's appeal regarding the validity of reopening assessment after the expiry of four years under section 147. It was determined that the assessee had provided all necessary details during the original assessment proceedings, including those related to partners' capital account and current account. As there was no negligence on the part of the assessee in furnishing the required details for completing the assessment, the Tribunal found the reopening of the assessment to be invalid. en-us Fri, 22 Nov 2013 00:00:00 +0530 Mon, 05 Dec 2022 16:00:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305456 The Tribunal upheld the order of the CIT(A) dismissing the revenue's appeal regarding the validity of reopening assessment after the expiry of four years under section 147. It was determined that the assessee had provided all necessary details during the original assessment proceedings, including those related to partners' capital account and current account. As there was no negligence on the part of the assessee in furnishing the required details for completing the assessment, the Tribunal found the reopening of the assessment to be invalid. Case-Laws Income Tax Fri, 22 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305456