Jagdish Narayan Sharma v ITO ( 2018) 65 ITR 194/ 194 TTJ 825 /( 2019) 174 DTR 25(Jaipur) (Trib)

S.147: Reassessment – No return was filed before issue of notice – Un explained deposit in the Bank – Specific information with the AO – Reassessment is held to be valid [ S.148 ]

Tribunal held that the assessee has not filed the return before issue of notice . The AO had specific information stating that there was unexplained deposit in the bank . Accordingly the reopening of assessment is held to be valid .( AY. 2006 -07 , 2008-09)