https://www.taxtmi.com/caselaws?id=314017 ITAT Mumbai upheld the validity of assessment reopening, finding no evidence that reasons were recorded after notice issuance, rejecting assessee's presumption-based arguments. The tribunal held that delayed return filing under section 148 notice remained valid as AO accepted it and issued proper section 143(2) notice. Assessment under section 143(3) was deemed legally valid. Natural justice denial claims regarding impounded documents were rejected as copies were available with assessee. Multiple grounds of appeal were dismissed, confirming the assessment order's validity. en-us Fri, 05 Aug 2022 00:00:00 +0530 Mon, 13 May 2024 21:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314017 ITAT Mumbai upheld the validity of assessment reopening, finding no evidence that reasons were recorded after notice issuance, rejecting assessee's presumption-based arguments. The tribunal held that delayed return filing under section 148 notice remained valid as AO accepted it and issued proper section 143(2) notice. Assessment under section 143(3) was deemed legally valid. Natural justice denial claims regarding impounded documents were rejected as copies were available with assessee. Multiple grounds of appeal were dismissed, confirming the assessment order's validity. Case-Laws Income Tax Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314017