https://www.taxtmi.com/caselaws?id=240465 The Tribunal ruled in favor of the assessee, emphasizing the importance of accurate verification to prevent double taxation. It directed the Assessing Officer to confirm if cash deposits in the assessee's bank account were already considered in the brother's assessment and to ascertain the source of loans and sales-related deposits. The appeals were allowed for statistical purposes, pending verification, ensuring fairness and compliance with legal principles. en-us Fri, 27 Sep 2013 00:00:00 +0530 Thu, 05 Dec 2013 07:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240465 The Tribunal ruled in favor of the assessee, emphasizing the importance of accurate verification to prevent double taxation. It directed the Assessing Officer to confirm if cash deposits in the assessee's bank account were already considered in the brother's assessment and to ascertain the source of loans and sales-related deposits. The appeals were allowed for statistical purposes, pending verification, ensuring fairness and compliance with legal principles. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240465