https://www.taxtmi.com/caselaws?id=395352 The Tribunal partly allowed the appeal for statistical purposes, remanding certain issues back to the Assessing Officer for proper adjudication. Other grounds of appeal were dismissed based on a detailed analysis of each issue involved in the judgment. Key points included the admission of additional evidence, validity of proceedings under Section 147, compliance with natural justice principles, addition of unexplained cash deposits, and initiation of penalty proceedings. The Tribunal upheld the validity of the reopening proceedings, notice under Section 143(2), approval under Section 151, and interest charged under Section 234A, 234B, and 234C. en-us Fri, 15 May 2020 00:00:00 +0530 Mon, 18 May 2020 12:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395352 The Tribunal partly allowed the appeal for statistical purposes, remanding certain issues back to the Assessing Officer for proper adjudication. Other grounds of appeal were dismissed based on a detailed analysis of each issue involved in the judgment. Key points included the admission of additional evidence, validity of proceedings under Section 147, compliance with natural justice principles, addition of unexplained cash deposits, and initiation of penalty proceedings. The Tribunal upheld the validity of the reopening proceedings, notice under Section 143(2), approval under Section 151, and interest charged under Section 234A, 234B, and 234C. Case-Laws Income Tax Fri, 15 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395352