https://www.taxtmi.com/caselaws?id=465809 Reopening of assessment is valid where made in consequence of an appellate direction under the statutory provision permitting issuance of a notice to give effect to such direction; challenge to reopening was rejected. Claimed unsecured loans were upheld because the assessee produced loan confirmations and bank evidence establishing identity, genuineness and creditworthiness and the Revenue produced no contrary material, so the addition was deleted. A reconciliation discrepancy claimed as undisclosed commission income was sustained because the assessee failed to furnish satisfactory documentary reconciliation, so that disallowance was maintained. en-us Thu, 08 Jan 2026 00:00:00 +0530 Sat, 21 Mar 2026 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465809 Reopening of assessment is valid where made in consequence of an appellate direction under the statutory provision permitting issuance of a notice to give effect to such direction; challenge to reopening was rejected. Claimed unsecured loans were upheld because the assessee produced loan confirmations and bank evidence establishing identity, genuineness and creditworthiness and the Revenue produced no contrary material, so the addition was deleted. A reconciliation discrepancy claimed as undisclosed commission income was sustained because the assessee failed to furnish satisfactory documentary reconciliation, so that disallowance was maintained. Case-Laws Income Tax Thu, 08 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465809