Reassessment Challenged u/s 147 Due to Lack of New Evidence or Undisclosed Facts by Assessee.

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....Reopening of assessment u/s 147 - Reason to believe - the AO had disallowed some of the expenses which had been reflected in the break-up under the head “details of advertisement and sales promotion expenses” while passing the final order of assessment, which reflects that the AO had applied its mind to the appellant’s claim while passing the order under section 143(3) - reasons do not disclose as to what material or fact was not disclosed by the assessee. - HC....