https://www.taxtmi.com/caselaws?id=408598 The Tribunal allowed the Revenue's appeal, setting aside the CIT (A)'s decision to admit additional evidence without giving the AO an opportunity to verify it. The case involved unexplained investments by a Non-Resident Indian, initially treated as undisclosed income under section 69 of the Income Tax Act. The CIT (A) later accepted the explanations provided by the assessee, leading to the deletion of the addition. The Tribunal emphasized adherence to procedural rules, remanding the issue back to the AO for proper verification and stressing the importance of allowing the AO to examine all evidence during assessments. en-us Wed, 02 Jun 2021 00:00:00 +0530 Wed, 16 Jun 2021 10:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408598 The Tribunal allowed the Revenue's appeal, setting aside the CIT (A)'s decision to admit additional evidence without giving the AO an opportunity to verify it. The case involved unexplained investments by a Non-Resident Indian, initially treated as undisclosed income under section 69 of the Income Tax Act. The CIT (A) later accepted the explanations provided by the assessee, leading to the deletion of the addition. The Tribunal emphasized adherence to procedural rules, remanding the issue back to the AO for proper verification and stressing the importance of allowing the AO to examine all evidence during assessments. Case-Laws Income Tax Wed, 02 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408598