https://www.taxtmi.com/caselaws?id=349015 The Income Tax Appellate Tribunal (ITAT) remanded the issues back to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication. The ITAT found discrepancies in the CIT(A)'s reasoning regarding the enhancement of income on account of jewellery and the addition of unaccounted cash. The ITAT emphasized the importance of proper consideration of explanations and adherence to legal procedures in determining additions to income. The appeals of the assessees were allowed for statistical purposes. en-us Fri, 29 Sep 2017 00:00:00 +0530 Thu, 05 Oct 2017 09:44:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349015 The Income Tax Appellate Tribunal (ITAT) remanded the issues back to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication. The ITAT found discrepancies in the CIT(A)'s reasoning regarding the enhancement of income on account of jewellery and the addition of unaccounted cash. The ITAT emphasized the importance of proper consideration of explanations and adherence to legal procedures in determining additions to income. The appeals of the assessees were allowed for statistical purposes. Case-Laws Income Tax Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349015