https://www.taxtmi.com/caselaws?id=346856 Both appeals of the assessee were allowed, and the additions of Rs. 91,89,000/- and Rs. 59,50,000/- were deleted. The Tribunal found that the assessee had satisfactorily explained the deposits, and the orders passed by the AO under Section 154 were not justified. The appellate orders were upheld as not being in violation of natural justice principles. en-us Wed, 02 Aug 2017 00:00:00 +0530 Thu, 24 Aug 2017 07:54:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346856 Both appeals of the assessee were allowed, and the additions of Rs. 91,89,000/- and Rs. 59,50,000/- were deleted. The Tribunal found that the assessee had satisfactorily explained the deposits, and the orders passed by the AO under Section 154 were not justified. The appellate orders were upheld as not being in violation of natural justice principles. Case-Laws Income Tax Wed, 02 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346856