https://www.taxtmi.com/caselaws?id=401325 The Tribunal overturned the lower authorities' decisions and removed the entire addition of Rs. 43,25,350, ruling in favor of the assessee. The Tribunal emphasized the necessity of following principles of natural justice and conducting comprehensive investigations before imposing additions under section 68 of the Income Tax Act, 1961. en-us Thu, 03 Dec 2020 00:00:00 +0530 Tue, 27 Apr 2021 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401325 The Tribunal overturned the lower authorities' decisions and removed the entire addition of Rs. 43,25,350, ruling in favor of the assessee. The Tribunal emphasized the necessity of following principles of natural justice and conducting comprehensive investigations before imposing additions under section 68 of the Income Tax Act, 1961. Case-Laws Income Tax Thu, 03 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401325