https://www.taxtmi.com/caselaws?id=285883 The Tribunal found procedural lapses in the reassessment proceedings under Section 148 of the Income Tax Act, noting the casual issuance of notice and lack of proper approval. Regarding unexplained cash deposits, the Tribunal directed deletion of additions for both assessment years due to vague reasons by the AO and insufficient verification of explanations, allowing the appeals and requiring further verification by the AO. en-us Fri, 29 Mar 2019 00:00:00 +0530 Sat, 01 Feb 2020 07:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285883 The Tribunal found procedural lapses in the reassessment proceedings under Section 148 of the Income Tax Act, noting the casual issuance of notice and lack of proper approval. Regarding unexplained cash deposits, the Tribunal directed deletion of additions for both assessment years due to vague reasons by the AO and insufficient verification of explanations, allowing the appeals and requiring further verification by the AO. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285883