https://www.taxtmi.com/caselaws?id=370916 The Tribunal's decision was challenged due to procedural irregularities in maintaining the fixed deposit register by the assessee. The unsecured loans were added to income as the assessee failed to provide adequate information despite multiple opportunities. The appellate authority's verification process was deemed insufficient, leading to the necessity of remanding the matter to the Assessing Officer for thorough examination and verification of deposits. The AO was directed to conduct proper verification procedures and make the final decision after scrutinizing the list of depositors. en-us Wed, 14 Nov 2018 00:00:00 +0530 Tue, 07 Jul 2026 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370916 The Tribunal's decision was challenged due to procedural irregularities in maintaining the fixed deposit register by the assessee. The unsecured loans were added to income as the assessee failed to provide adequate information despite multiple opportunities. The appellate authority's verification process was deemed insufficient, leading to the necessity of remanding the matter to the Assessing Officer for thorough examination and verification of deposits. The AO was directed to conduct proper verification procedures and make the final decision after scrutinizing the list of depositors. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370916