https://www.taxtmi.com/caselaws?id=468375 Reassessment under sections 147 and 148 was upheld where survey and search material, including the director's statement and impounded sales bills, provided the basis for reopening. The assessee failed to appear before the Tribunal and, in the ex parte hearing, produced no material to dislodge the findings of the lower authorities or show that the reopening lacked foundation. On that record, the reassessment proceedings were treated as valid and no interference was called for with the appellate order. en-us Tue, 31 Jan 2023 00:00:00 +0530 Sat, 02 May 2026 13:01:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468375 Reassessment under sections 147 and 148 was upheld where survey and search material, including the director's statement and impounded sales bills, provided the basis for reopening. The assessee failed to appear before the Tribunal and, in the ex parte hearing, produced no material to dislodge the findings of the lower authorities or show that the reopening lacked foundation. On that record, the reassessment proceedings were treated as valid and no interference was called for with the appellate order. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468375