https://www.taxtmi.com/caselaws?id=57186 The Tribunal dismissed the Revenue's appeals, upholding the AAC's decision that the reassessment proceedings under Section 147(a) were void ab initio. The Tribunal found that the assessee had disclosed primary facts during the original assessment, and the entries in the secret register were insufficient to justify reopening the assessments. As a result, the additions for peak credits were deleted, and the Tribunal concluded that the AAC's order was legally sound. en-us Mon, 28 Apr 1986 00:00:00 +0530 Wed, 08 Dec 2010 17:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57186 The Tribunal dismissed the Revenue's appeals, upholding the AAC's decision that the reassessment proceedings under Section 147(a) were void ab initio. The Tribunal found that the assessee had disclosed primary facts during the original assessment, and the entries in the secret register were insufficient to justify reopening the assessments. As a result, the additions for peak credits were deleted, and the Tribunal concluded that the AAC's order was legally sound. Case-Laws Income Tax Mon, 28 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57186