https://www.taxtmi.com/caselaws?id=58434 The Tribunal quashed the reassessment proceedings under Section 147(a) due to the non-disposal of the original return, nullifying the additions of Rs. 40,000 as income from undisclosed sources and Rs. 21,000 as salary income. The penalty imposed by the IAC was cancelled as no dishonest conduct was attributed to the assessee. Both appeals filed by the assessee were allowed. en-us Mon, 02 Jun 1980 00:00:00 +0530 Mon, 20 Dec 2010 10:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58434 The Tribunal quashed the reassessment proceedings under Section 147(a) due to the non-disposal of the original return, nullifying the additions of Rs. 40,000 as income from undisclosed sources and Rs. 21,000 as salary income. The penalty imposed by the IAC was cancelled as no dishonest conduct was attributed to the assessee. Both appeals filed by the assessee were allowed. Case-Laws Income Tax Mon, 02 Jun 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58434