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    <title>2017 (1) TMI 850 - ITAT PUNE</title>
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    <description>The appellant&#039;s contentions regarding the assessment being barred by limitation and violation of natural justice principles in the exparte assessment were dismissed as &quot;not pressed.&quot; The addition of cash deposits in the bank account was upheld but the Tribunal directed a reevaluation with an opportunity for the appellant to provide further evidence. The levy of interest under Sections 234A, 234B, and 234C was deemed mandatory and consequential, leading to the dismissal of the appellant&#039;s dispute. The appeal was partly allowed for statistical purposes.</description>
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      <link>https://www.taxtmi.com/caselaws?id=337770</link>
      <description>The appellant&#039;s contentions regarding the assessment being barred by limitation and violation of natural justice principles in the exparte assessment were dismissed as &quot;not pressed.&quot; The addition of cash deposits in the bank account was upheld but the Tribunal directed a reevaluation with an opportunity for the appellant to provide further evidence. The levy of interest under Sections 234A, 234B, and 234C was deemed mandatory and consequential, leading to the dismissal of the appellant&#039;s dispute. The appeal was partly allowed for statistical purposes.</description>
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      <pubDate>Wed, 09 Nov 2016 00:00:00 +0530</pubDate>
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