https://www.taxtmi.com/caselaws?id=189490 The Tribunal directed the Assessing Officer to re-adjudicate the case concerning the deletion of additions under section 68 for unexplained increase in share capital and unsecured loans. The Ld CIT(A)'s actions were found to be against statutory requirements, including admitting additional evidence in contravention of Rule 46A and failing to provide proper reasoning for deletion of additions. The Tribunal emphasized the need for a fair procedure and justice, ordering a re-examination to ensure a proper decision-making process and compliance with the Income Tax Act. en-us Fri, 26 Oct 2012 00:00:00 +0530 Wed, 11 Jan 2017 11:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189490 The Tribunal directed the Assessing Officer to re-adjudicate the case concerning the deletion of additions under section 68 for unexplained increase in share capital and unsecured loans. The Ld CIT(A)'s actions were found to be against statutory requirements, including admitting additional evidence in contravention of Rule 46A and failing to provide proper reasoning for deletion of additions. The Tribunal emphasized the need for a fair procedure and justice, ordering a re-examination to ensure a proper decision-making process and compliance with the Income Tax Act. Case-Laws Income Tax Fri, 26 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189490