https://www.taxtmi.com/caselaws?id=196009 The Tribunal partially allowed the appeal by directing the deletion of the addition of Rs. 20,50,000/- made by the AO. It emphasized that suspicion alone cannot justify an addition and that the evidence presented by the assessee sufficiently supported their case. The Tribunal found various procedural violations, including lack of independent reasoning for reopening assessments and failure to provide opportunities for the assessee to rebut evidence. The order was pronounced on 27th January 2017. en-us Fri, 27 Jan 2017 00:00:00 +0530 Fri, 17 Nov 2017 06:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196009 The Tribunal partially allowed the appeal by directing the deletion of the addition of Rs. 20,50,000/- made by the AO. It emphasized that suspicion alone cannot justify an addition and that the evidence presented by the assessee sufficiently supported their case. The Tribunal found various procedural violations, including lack of independent reasoning for reopening assessments and failure to provide opportunities for the assessee to rebut evidence. The order was pronounced on 27th January 2017. Case-Laws Income Tax Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196009