https://www.taxtmi.com/caselaws?id=399778 The Tribunal partly allowed both appeals, providing detailed analysis on various issues including validity of assessment order, limitation period for block assessment, additions towards unexplained investments, disallowance of bad debts related to petrol pumps, and addition under section 40A(3) of the Income-tax Act. The Tribunal made adjustments to the additions made by the Assessing Officer, considering seized material and supporting documents, resulting in a fair and comprehensive judgment. en-us Fri, 16 Oct 2020 00:00:00 +0530 Sat, 17 Oct 2020 20:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399778 The Tribunal partly allowed both appeals, providing detailed analysis on various issues including validity of assessment order, limitation period for block assessment, additions towards unexplained investments, disallowance of bad debts related to petrol pumps, and addition under section 40A(3) of the Income-tax Act. The Tribunal made adjustments to the additions made by the Assessing Officer, considering seized material and supporting documents, resulting in a fair and comprehensive judgment. Case-Laws Income Tax Fri, 16 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399778