https://www.taxtmi.com/caselaws?id=403771 The appeal filed by the assessee was allowed for statistical purposes. The delay in filing the appeal was condoned, and the matter was remanded back to the Assessing Officer for fresh adjudication. The Tribunal found that the assessing officer's addition under section 68 of the Income Tax Act lacked proper opportunity for the assessee during assessment, violating principles of natural justice. The Tribunal directed a de novo assessment, ensuring the assessee receives a fair opportunity to be heard in accordance with the law. en-us Wed, 27 Jan 2021 00:00:00 +0530 Mon, 08 Feb 2021 14:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403771 The appeal filed by the assessee was allowed for statistical purposes. The delay in filing the appeal was condoned, and the matter was remanded back to the Assessing Officer for fresh adjudication. The Tribunal found that the assessing officer's addition under section 68 of the Income Tax Act lacked proper opportunity for the assessee during assessment, violating principles of natural justice. The Tribunal directed a de novo assessment, ensuring the assessee receives a fair opportunity to be heard in accordance with the law. Case-Laws Income Tax Wed, 27 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403771