https://www.taxtmi.com/caselaws?id=395200 The appellate tribunal remanded interconnected cases involving the Kalani Group back to the Commissioner of Income Tax (Appeals) due to discrepancies in the assessment of unexplained receipts. The Revenue challenged the deletion of additions made by the Assessing Officer, emphasizing the need for proper verification and evidence. The CIT(A) was criticized for admitting additional evidence without a remand report and deleting additions without sufficient documentation. The validity of reassessment proceedings under sections 147 and 153C was questioned, with the Tribunal directing a reevaluation of the appeals for fresh consideration. en-us Fri, 13 Mar 2020 00:00:00 +0530 Mon, 11 May 2020 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395200 The appellate tribunal remanded interconnected cases involving the Kalani Group back to the Commissioner of Income Tax (Appeals) due to discrepancies in the assessment of unexplained receipts. The Revenue challenged the deletion of additions made by the Assessing Officer, emphasizing the need for proper verification and evidence. The CIT(A) was criticized for admitting additional evidence without a remand report and deleting additions without sufficient documentation. The validity of reassessment proceedings under sections 147 and 153C was questioned, with the Tribunal directing a reevaluation of the appeals for fresh consideration. Case-Laws Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395200