https://www.taxtmi.com/caselaws?id=214472 The ITAT allowed the Revenue's appeal against the deletion of addition on unexplained investment in RBI Bond by CIT(A) due to the admission of additional evidence without following Rule 46A of IT Rules. The matter was remitted back to CIT(A) for fresh adjudication, stressing the importance of adhering to procedural requirements and providing a fair opportunity for both parties. The decision underscores the significance of following procedural rules in tax assessments to ensure a transparent and just process. en-us Thu, 31 May 2012 00:00:00 +0530 Sat, 30 Jun 2012 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214472 The ITAT allowed the Revenue's appeal against the deletion of addition on unexplained investment in RBI Bond by CIT(A) due to the admission of additional evidence without following Rule 46A of IT Rules. The matter was remitted back to CIT(A) for fresh adjudication, stressing the importance of adhering to procedural requirements and providing a fair opportunity for both parties. The decision underscores the significance of following procedural rules in tax assessments to ensure a transparent and just process. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214472