Reassessment valid if ITAT made only first holder liable for tax on income earned from joint investments

IT: Where Assessing Officer reopened assessment of assessee on basis of information received in form of observation of Tribunal in case of assessee's son that certain investments made in mutual funds jointly by assessee and her son should be taxed in hands of assessee as she was first holder, further, assessee failed to explain source of such investments while filling her return under section 139(1), impugned reopening of assessment was justified

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