https://www.taxtmi.com/caselaws?id=396155 The court partially allowed the appeals for Assessment Year 2010-11 and 2011-12, emphasizing the lack of evidence of intentional income concealment in the disallowances and additions made by the authorities. The cases were remanded back to the CIT (A) for reasoned decisions, citing insufficient detail findings and failure to consider the assessee's submissions. The judgment focused on ensuring the principles of natural justice are followed, providing a fair opportunity for the assessee to present their case regarding the disallowed cash receipts, unsecured loan, and life insurance commission income. en-us Thu, 19 Mar 2020 00:00:00 +0530 Wed, 24 Jun 2020 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396155 The court partially allowed the appeals for Assessment Year 2010-11 and 2011-12, emphasizing the lack of evidence of intentional income concealment in the disallowances and additions made by the authorities. The cases were remanded back to the CIT (A) for reasoned decisions, citing insufficient detail findings and failure to consider the assessee's submissions. The judgment focused on ensuring the principles of natural justice are followed, providing a fair opportunity for the assessee to present their case regarding the disallowed cash receipts, unsecured loan, and life insurance commission income. Case-Laws Income Tax Thu, 19 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396155