https://www.taxtmi.com/caselaws?id=292259 The Tribunal remanded the case back to the AO for further examination after finding that the tax authorities did not adequately verify the source of deposits in the bank account sourced from the sale of agricultural land. The appellant's inability to produce the purchasers raised doubts, and the tax department was criticized for not conducting thorough investigations. The appeal was allowed for statistical purposes, stressing the importance of a comprehensive inquiry into the transactions. en-us Tue, 15 Jan 2019 00:00:00 +0530 Tue, 15 Dec 2020 19:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292259 The Tribunal remanded the case back to the AO for further examination after finding that the tax authorities did not adequately verify the source of deposits in the bank account sourced from the sale of agricultural land. The appellant's inability to produce the purchasers raised doubts, and the tax department was criticized for not conducting thorough investigations. The appeal was allowed for statistical purposes, stressing the importance of a comprehensive inquiry into the transactions. Case-Laws Income Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292259