https://www.taxtmi.com/caselaws?id=779294 ITAT held the s.148 reopening by the AO valid-survey and lack of ITR/audit justified notice and s.153C was unnecessary as no incriminating material existed-thus Ground 1 dismissed. The tribunal found the CIT(A) erred in exercising s.251(2)/s.145(3) to reject books and make presumptive additions, declared those additions bad in law and deleted them, deciding Grounds 2 and 3 for the assessee. Additions/disallowances relating to construction expenses and other challenged items were set aside and deleted. Cancellation of registration under s.12AA was not sustained to the extent it relied on the disallowed additions. en-us Wed, 24 Sep 2025 00:00:00 +0530 Wed, 01 Oct 2025 17:44:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779294 ITAT held the s.148 reopening by the AO valid-survey and lack of ITR/audit justified notice and s.153C was unnecessary as no incriminating material existed-thus Ground 1 dismissed. The tribunal found the CIT(A) erred in exercising s.251(2)/s.145(3) to reject books and make presumptive additions, declared those additions bad in law and deleted them, deciding Grounds 2 and 3 for the assessee. Additions/disallowances relating to construction expenses and other challenged items were set aside and deleted. Cancellation of registration under s.12AA was not sustained to the extent it relied on the disallowed additions. Case-Laws Income Tax Wed, 24 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779294