https://www.taxtmi.com/caselaws?id=459667 Interference with reassessment under Sections 147 and 148 was refused because the dispute was found to be essentially factual, relating to additions for undisclosed sales. The assessee had not sought reasons for reopening or filed objections, and the assessing officer, CIT(A) and Tribunal had each examined the material on record. The Tribunal further restricted the addition on factual appreciation, and no error in the decision-making process of the lower authorities was shown. The challenge to the reassessment and the sustained addition therefore failed, and the question of law was answered against the assessee. en-us Mon, 13 Feb 2023 00:00:00 +0530 Sat, 21 Dec 2024 21:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459667 Interference with reassessment under Sections 147 and 148 was refused because the dispute was found to be essentially factual, relating to additions for undisclosed sales. The assessee had not sought reasons for reopening or filed objections, and the assessing officer, CIT(A) and Tribunal had each examined the material on record. The Tribunal further restricted the addition on factual appreciation, and no error in the decision-making process of the lower authorities was shown. The challenge to the reassessment and the sustained addition therefore failed, and the question of law was answered against the assessee. Case-Laws Income Tax Mon, 13 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459667