https://www.taxtmi.com/caselaws?id=408084 The Tribunal remanded the case back to the Assessing Officer regarding the assessment of unexplained investment under section 69B, emphasizing the need for reasons for reopening cases under section 147 and adherence to principles of natural justice. The decision aimed to ensure the assessee's right to a fair hearing and proper compliance with procedural requirements, safeguarding taxpayer interests and upholding legal standards in tax assessments. en-us Thu, 27 May 2021 00:00:00 +0530 Sat, 29 May 2021 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408084 The Tribunal remanded the case back to the Assessing Officer regarding the assessment of unexplained investment under section 69B, emphasizing the need for reasons for reopening cases under section 147 and adherence to principles of natural justice. The decision aimed to ensure the assessee's right to a fair hearing and proper compliance with procedural requirements, safeguarding taxpayer interests and upholding legal standards in tax assessments. Case-Laws Income Tax Thu, 27 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408084