https://www.taxtmi.com/caselaws?id=433948 The Tribunal upheld the CIT(A)'s decisions on both the assumption of jurisdiction for reopening the assessment and the confirmation of the addition of Rs. 62,12,124/-. The Tribunal found no error in the AO's approach in reopening the case based on information from the Investigation Wing and confirmed the addition based on lack of credibility in the evidence submitted by the assessee. The Tribunal dismissed the appeal and affirmed the orders of the lower authorities. en-us Fri, 10 Feb 2023 00:00:00 +0530 Tue, 14 Feb 2023 08:49:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433948 The Tribunal upheld the CIT(A)'s decisions on both the assumption of jurisdiction for reopening the assessment and the confirmation of the addition of Rs. 62,12,124/-. The Tribunal found no error in the AO's approach in reopening the case based on information from the Investigation Wing and confirmed the addition based on lack of credibility in the evidence submitted by the assessee. The Tribunal dismissed the appeal and affirmed the orders of the lower authorities. Case-Laws Income Tax Fri, 10 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433948