https://www.taxtmi.com/caselaws?id=403534 The Tribunal allowed the appeal, ruling the assessment order invalid due to the absence of a valid notice under Section 143(2) by the jurisdictional AO. The addition of Rs. 5,40,00,000/- as unexplained cash credits and the disallowance of Rs. 44,65,805/- on interest were deleted as the assessee substantiated the genuineness of transactions and creditworthiness of loan creditors. en-us Tue, 12 Jan 2021 00:00:00 +0530 Mon, 01 Feb 2021 07:14:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403534 The Tribunal allowed the appeal, ruling the assessment order invalid due to the absence of a valid notice under Section 143(2) by the jurisdictional AO. The addition of Rs. 5,40,00,000/- as unexplained cash credits and the disallowance of Rs. 44,65,805/- on interest were deleted as the assessee substantiated the genuineness of transactions and creditworthiness of loan creditors. Case-Laws Income Tax Tue, 12 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403534