https://www.taxtmi.com/caselaws?id=254669 The Tribunal partially allowed the Revenue's appeal, upholding the addition of undisclosed income based on purchases from M/s Gian Chand Ramji Dass Group but deleting the addition related to peak credit in bank accounts. The assessee's cross objection challenging the initiation of block assessment was restored for fresh consideration. The case was remanded to the Assessing Officer for reevaluation, ensuring the assessee's right to be heard. en-us Fri, 05 Dec 2014 00:00:00 +0530 Sun, 28 Dec 2014 19:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254669 The Tribunal partially allowed the Revenue's appeal, upholding the addition of undisclosed income based on purchases from M/s Gian Chand Ramji Dass Group but deleting the addition related to peak credit in bank accounts. The assessee's cross objection challenging the initiation of block assessment was restored for fresh consideration. The case was remanded to the Assessing Officer for reevaluation, ensuring the assessee's right to be heard. Case-Laws Income Tax Fri, 05 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254669