https://www.taxtmi.com/caselaws?id=756655 The tribunal upheld the reopening of the assessment under section 147, affirming its compliance with the Income-tax Act. However, it ruled in favor of the assessee regarding the addition of unexplained money under section 69A. The tribunal determined that the additions lacked sufficient evidence and were speculative, resulting in their deletion. The assessee's appeals were consequently allowed. en-us Mon, 05 Aug 2024 00:00:00 +0530 Tue, 06 Aug 2024 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756655 The tribunal upheld the reopening of the assessment under section 147, affirming its compliance with the Income-tax Act. However, it ruled in favor of the assessee regarding the addition of unexplained money under section 69A. The tribunal determined that the additions lacked sufficient evidence and were speculative, resulting in their deletion. The assessee's appeals were consequently allowed. Case-Laws Income Tax Mon, 05 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756655