https://www.taxtmi.com/caselaws?id=790708 Reassessment beyond four years was held invalid because the recorded reasons did not show any failure by the assessee to disclose fully and truly all material facts, and the reopening relied on general Investigation Wing information without independent verification. The addition under section 69C for loading and supervision charges was also held unsustainable because the assessee produced primary supporting documents, while the Assessing Officer failed to make effective inquiries or establish a cash trail or other corroboration. On that basis, the reassessment was quashed and the additions were deleted. en-us Thu, 23 Apr 2026 00:00:00 +0530 Wed, 29 Apr 2026 08:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790708 Reassessment beyond four years was held invalid because the recorded reasons did not show any failure by the assessee to disclose fully and truly all material facts, and the reopening relied on general Investigation Wing information without independent verification. The addition under section 69C for loading and supervision charges was also held unsustainable because the assessee produced primary supporting documents, while the Assessing Officer failed to make effective inquiries or establish a cash trail or other corroboration. On that basis, the reassessment was quashed and the additions were deleted. Case-Laws Income Tax Thu, 23 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790708