https://www.taxtmi.com/caselaws?id=258200 The appeal was allowed by the Appellate Tribunal due to a violation of natural justice principles in the block assessment. The Tribunal directed the Assessing Officer to provide reasons for invoking the relevant section to the assessee, allowing objections to be filed and disposed of before a fresh assessment. The decision emphasized adherence to legal principles established by the High Court, remanding the matter back to the Assessing Officer for compliance. The appeal was allowed for statistical purposes without addressing the merits of the disputed addition under section 69C of the Income-tax Act. en-us Wed, 21 Jan 2015 00:00:00 +0530 Thu, 02 Apr 2015 06:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258200 The appeal was allowed by the Appellate Tribunal due to a violation of natural justice principles in the block assessment. The Tribunal directed the Assessing Officer to provide reasons for invoking the relevant section to the assessee, allowing objections to be filed and disposed of before a fresh assessment. The decision emphasized adherence to legal principles established by the High Court, remanding the matter back to the Assessing Officer for compliance. The appeal was allowed for statistical purposes without addressing the merits of the disputed addition under section 69C of the Income-tax Act. Case-Laws Income Tax Wed, 21 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258200