https://www.taxtmi.com/caselaws?id=398924 The judgment allowed the appeal of the assessee for statistical purposes, emphasizing procedural fairness, examination of evidence, and adherence to natural justice principles in income tax assessment proceedings. The court found procedural irregularities in the Commissioner of Income Tax (Appeals) order for the AY-2011-12, particularly in considering the source of income for land purchase without rejecting the books of accounts. The case highlighted the need for proper substantiation of cash deposits and the importance of addressing additional evidence to ensure a fair assessment process. en-us Thu, 13 Aug 2020 00:00:00 +0530 Mon, 28 Sep 2020 08:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398924 The judgment allowed the appeal of the assessee for statistical purposes, emphasizing procedural fairness, examination of evidence, and adherence to natural justice principles in income tax assessment proceedings. The court found procedural irregularities in the Commissioner of Income Tax (Appeals) order for the AY-2011-12, particularly in considering the source of income for land purchase without rejecting the books of accounts. The case highlighted the need for proper substantiation of cash deposits and the importance of addressing additional evidence to ensure a fair assessment process. Case-Laws Income Tax Thu, 13 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398924