https://www.taxtmi.com/caselaws?id=408752 The Tribunal allowed the appeal, setting aside the reassessment proceedings under section 147 and deleting the addition of Rs. 50,00,000 for unexplained cash payment. It emphasized the importance of following proper procedures and providing opportunities for the assessee to respond. en-us Wed, 02 Jun 2021 00:00:00 +0530 Mon, 21 Jun 2021 09:33:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408752 The Tribunal allowed the appeal, setting aside the reassessment proceedings under section 147 and deleting the addition of Rs. 50,00,000 for unexplained cash payment. It emphasized the importance of following proper procedures and providing opportunities for the assessee to respond. Case-Laws Income Tax Wed, 02 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408752