https://www.taxtmi.com/caselaws?id=63581 The Tribunal condoned the delay in filing appeals, emphasizing reasonable cause. It criticized the AO for estimating rental income without proper findings under Section 158BA. The Tribunal found substantial additions under Section 68 unjustified, highlighting the lack of incriminating evidence and violation of natural justice principles. It directed reassessment under Section 158BA based on material found during the search. The AO's failure to provide cross-examination opportunities led to setting aside assessment orders for fresh assessment, allowing appeals for statistical purposes. en-us Mon, 28 Feb 2000 00:00:00 +0530 Mon, 31 Jan 2011 18:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63581 The Tribunal condoned the delay in filing appeals, emphasizing reasonable cause. It criticized the AO for estimating rental income without proper findings under Section 158BA. The Tribunal found substantial additions under Section 68 unjustified, highlighting the lack of incriminating evidence and violation of natural justice principles. It directed reassessment under Section 158BA based on material found during the search. The AO's failure to provide cross-examination opportunities led to setting aside assessment orders for fresh assessment, allowing appeals for statistical purposes. Case-Laws Income Tax Mon, 28 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63581