https://www.taxtmi.com/caselaws?id=405766 The Tribunal partially allowed the appeal, emphasizing the need for a thorough examination of the family settlement deed, transactions under agreements to sale, and addition of undisclosed income. The Tribunal directed a re-examination by the Assessing Officer regarding the transactions under agreements to sale to ensure principles of natural justice are followed. It highlighted the importance of a meticulous approach in evaluating transactions, income sources, and expense claims for a fair and accurate tax assessment process. en-us Tue, 10 Nov 2020 00:00:00 +0530 Sat, 27 Mar 2021 07:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405766 The Tribunal partially allowed the appeal, emphasizing the need for a thorough examination of the family settlement deed, transactions under agreements to sale, and addition of undisclosed income. The Tribunal directed a re-examination by the Assessing Officer regarding the transactions under agreements to sale to ensure principles of natural justice are followed. It highlighted the importance of a meticulous approach in evaluating transactions, income sources, and expense claims for a fair and accurate tax assessment process. Case-Laws Income Tax Tue, 10 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405766