https://www.taxtmi.com/caselaws?id=270824 The Tribunal upheld the assessment order for the assessment year 2008-09, rejecting challenges regarding the absence of a notice under section 143(2) and non-compliance with CBDT Instruction. The addition of Rs. 5,25,000 towards unexplained cash deposits in the bank account was confirmed, as the explanation provided was deemed unsubstantiated. The Tribunal emphasized the need for detailed explanations and justifications for cash deposits, leading to the dismissal of the appeal. en-us Fri, 27 Nov 2015 00:00:00 +0530 Sat, 16 Jan 2016 07:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270824 The Tribunal upheld the assessment order for the assessment year 2008-09, rejecting challenges regarding the absence of a notice under section 143(2) and non-compliance with CBDT Instruction. The addition of Rs. 5,25,000 towards unexplained cash deposits in the bank account was confirmed, as the explanation provided was deemed unsubstantiated. The Tribunal emphasized the need for detailed explanations and justifications for cash deposits, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 27 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270824