https://www.taxtmi.com/caselaws?id=392216 The High Court set aside the assessment order challenged by the petitioner, remanding the matter to the Assessing Officer (AO) for a fresh assessment. The Court found the rejection of the stay application and addition of amounts unjust, considering the petitioner's evidence and the communication from the postal department clarifying the nature of deposits. Consequently, demand notices were set aside, and the appeal before the CIT (A) became infructuous due to the Court's intervention, aiming to rectify errors and ensure a fair outcome for the petitioner. en-us Fri, 07 Feb 2020 00:00:00 +0530 Sat, 15 Feb 2020 13:37:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392216 The High Court set aside the assessment order challenged by the petitioner, remanding the matter to the Assessing Officer (AO) for a fresh assessment. The Court found the rejection of the stay application and addition of amounts unjust, considering the petitioner's evidence and the communication from the postal department clarifying the nature of deposits. Consequently, demand notices were set aside, and the appeal before the CIT (A) became infructuous due to the Court's intervention, aiming to rectify errors and ensure a fair outcome for the petitioner. Case-Laws Income Tax Fri, 07 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392216