https://www.taxtmi.com/caselaws?id=397810 The Tribunal allowed the assessee's appeal for Assessment Year (AY) 2010-11, directing the deletion of disallowed expenses. Additionally, the Tribunal upheld the CIT(A)'s decision to delete the addition of unexplained bank deposits for AY 2010-11. However, the Tribunal set aside the deletion of protective addition of unexplained bank deposits for AY 2011-12, remanding it for further examination. Concerning the validity of assessment on a non-existing assessee for AY 2011-12, the Tribunal directed the CIT(A) to address the fundamental grounds raised by the assessee. en-us Fri, 31 Jul 2020 00:00:00 +0530 Sat, 29 Aug 2020 19:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397810 The Tribunal allowed the assessee's appeal for Assessment Year (AY) 2010-11, directing the deletion of disallowed expenses. Additionally, the Tribunal upheld the CIT(A)'s decision to delete the addition of unexplained bank deposits for AY 2010-11. However, the Tribunal set aside the deletion of protective addition of unexplained bank deposits for AY 2011-12, remanding it for further examination. Concerning the validity of assessment on a non-existing assessee for AY 2011-12, the Tribunal directed the CIT(A) to address the fundamental grounds raised by the assessee. Case-Laws Income Tax Fri, 31 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397810