https://www.taxtmi.com/caselaws?id=57315 The ITAT ruled in favor of the assessee, allowing the appeal regarding the addition of unexplained investment and the legality of reopening the assessment for the assessment year 1988-89. The Tribunal emphasized adherence to legal procedures and timelines in assessments, leading to the quashing of the assessment order and the CIT(A)'s decision. en-us Mon, 07 Feb 2005 00:00:00 +0530 Mon, 09 Jul 2012 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57315 The ITAT ruled in favor of the assessee, allowing the appeal regarding the addition of unexplained investment and the legality of reopening the assessment for the assessment year 1988-89. The Tribunal emphasized adherence to legal procedures and timelines in assessments, leading to the quashing of the assessment order and the CIT(A)'s decision. Case-Laws Income Tax Mon, 07 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57315