https://www.taxtmi.com/caselaws?id=329675 The HC allowed the appeal in favor of the assessee, holding that reopening the assessment without granting an opportunity to cross-examine the deponent and without providing the material relied upon violated principles of natural justice. The court emphasized that since the monies were transacted through account payee cheques, the revenue was obliged to furnish the assessee with the evidence and permit cross-examination before passing the reassessment order. Denial of such opportunity was held to vitiate the reassessment process, rendering the orders of the CIT(A) and Tribunal unsustainable. The decision relied on precedent establishing that failure to provide seized material or permit cross-examination amounts to a denial of opportunity and natural justice. en-us Thu, 30 Jun 2016 00:00:00 +0530 Wed, 13 Aug 2025 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329675 The HC allowed the appeal in favor of the assessee, holding that reopening the assessment without granting an opportunity to cross-examine the deponent and without providing the material relied upon violated principles of natural justice. The court emphasized that since the monies were transacted through account payee cheques, the revenue was obliged to furnish the assessee with the evidence and permit cross-examination before passing the reassessment order. Denial of such opportunity was held to vitiate the reassessment process, rendering the orders of the CIT(A) and Tribunal unsustainable. The decision relied on precedent establishing that failure to provide seized material or permit cross-examination amounts to a denial of opportunity and natural justice. Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329675