https://www.taxtmi.com/caselaws?id=357193 The Tribunal set aside the addition of Rs. 20 lakhs made by the Assessing Officer and confirmed by the Ld. CIT(A) towards 'unexplained cash deposits'. The Tribunal found that the rushed assessment without proper opportunity for verification was unfair. Emphasizing the need for adherence to legal procedures, the Tribunal directed the A.O. to delete the addition, ruling in favor of the assessee. en-us Fri, 16 Mar 2018 00:00:00 +0530 Sun, 18 Mar 2018 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357193 The Tribunal set aside the addition of Rs. 20 lakhs made by the Assessing Officer and confirmed by the Ld. CIT(A) towards 'unexplained cash deposits'. The Tribunal found that the rushed assessment without proper opportunity for verification was unfair. Emphasizing the need for adherence to legal procedures, the Tribunal directed the A.O. to delete the addition, ruling in favor of the assessee. Case-Laws Income Tax Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357193