https://www.taxtmi.com/caselaws?id=359683 The Tribunal allowed the assessee's appeal, setting aside the orders of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)). The Tribunal found that the initiation of proceedings under Section 147 was improper, the service of notice by affixture was not conducted according to the prescribed procedure, and the addition of Rs. 50 lakhs was unsupported by evidence. The Tribunal emphasized adherence to proper legal procedures and the necessity of linking disclosed income to specific evidence. en-us Fri, 27 Apr 2018 00:00:00 +0530 Thu, 03 May 2018 06:36:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359683 The Tribunal allowed the assessee's appeal, setting aside the orders of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)). The Tribunal found that the initiation of proceedings under Section 147 was improper, the service of notice by affixture was not conducted according to the prescribed procedure, and the addition of Rs. 50 lakhs was unsupported by evidence. The Tribunal emphasized adherence to proper legal procedures and the necessity of linking disclosed income to specific evidence. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359683