https://www.taxtmi.com/caselaws?id=403045 The ITAT allowed the appeal, admitting additional evidences regarding bank deposits that were previously refused. The ITAT directed the AO to re-examine the issues based on the new evidence, setting aside the Ld. CIT(A)'s confirmation of additions for undeclared cash deposits and interest income. The appellant was penalized for inadequate representation before the AO but was granted the opportunity to present a case with proper evidence. The matter was remanded back to the AO for a fresh examination, ensuring fairness in the assessment process. en-us Wed, 25 Nov 2020 00:00:00 +0530 Mon, 18 Jan 2021 13:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403045 The ITAT allowed the appeal, admitting additional evidences regarding bank deposits that were previously refused. The ITAT directed the AO to re-examine the issues based on the new evidence, setting aside the Ld. CIT(A)'s confirmation of additions for undeclared cash deposits and interest income. The appellant was penalized for inadequate representation before the AO but was granted the opportunity to present a case with proper evidence. The matter was remanded back to the AO for a fresh examination, ensuring fairness in the assessment process. Case-Laws Income Tax Wed, 25 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403045