https://www.taxtmi.com/caselaws?id=467805 Reassessment based on third-party search material, tally data and impounded documents was unsustainable where the relied-upon material, statements and opportunity for cross-examination were not furnished to the assessee before the section 148A(d) order and the reassessment. The non-supply of the very documents forming the basis of reopening denied an effective opportunity to object and rebut the proposed addition, breaching natural justice. Because the reopening itself was vitiated, the estimate of unrecorded turnover and the resulting addition could not be sustained. The reassessment proceedings and the addition were quashed. en-us Mon, 19 Aug 2024 00:00:00 +0530 Sat, 04 Apr 2026 08:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467805 Reassessment based on third-party search material, tally data and impounded documents was unsustainable where the relied-upon material, statements and opportunity for cross-examination were not furnished to the assessee before the section 148A(d) order and the reassessment. The non-supply of the very documents forming the basis of reopening denied an effective opportunity to object and rebut the proposed addition, breaching natural justice. Because the reopening itself was vitiated, the estimate of unrecorded turnover and the resulting addition could not be sustained. The reassessment proceedings and the addition were quashed. Case-Laws Income Tax Mon, 19 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467805