https://www.taxtmi.com/caselaws?id=368897 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate the addition of Rs. 53,40,510 under section 69A of the Income Tax Act for the assessment year 2014-15. The Tribunal emphasized the need for a thorough assessment considering the opening cash balance, sale proceeds, and pending rectification applications to substantiate claims and ensure procedural fairness. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 09:50:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368897 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate the addition of Rs. 53,40,510 under section 69A of the Income Tax Act for the assessment year 2014-15. The Tribunal emphasized the need for a thorough assessment considering the opening cash balance, sale proceeds, and pending rectification applications to substantiate claims and ensure procedural fairness. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368897