https://www.taxtmi.com/caselaws?id=244805 The Tribunal remitted appeals (ITA Nos. 1842/Del/2011, 1843/Del/2011, and 1844/Del/2011) to the Assessing Officer for fresh decisions. The appeals challenged the addition of cash deposits from undisclosed sources under section 68 of the IT Act and the confirmation of a penalty under section 271B. The Tribunal found merit in the argument for remittance due to lack of documentary evidence supporting the claims made by the assesses. The decision aimed to provide a fair opportunity for the assesses to present their case, similar to a previous case involving remittance for fresh decisions. en-us Fri, 21 Feb 2014 00:00:00 +0530 Tue, 04 Mar 2014 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244805 The Tribunal remitted appeals (ITA Nos. 1842/Del/2011, 1843/Del/2011, and 1844/Del/2011) to the Assessing Officer for fresh decisions. The appeals challenged the addition of cash deposits from undisclosed sources under section 68 of the IT Act and the confirmation of a penalty under section 271B. The Tribunal found merit in the argument for remittance due to lack of documentary evidence supporting the claims made by the assesses. The decision aimed to provide a fair opportunity for the assesses to present their case, similar to a previous case involving remittance for fresh decisions. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244805