https://www.taxtmi.com/caselaws?id=409950 Reassessment was upheld because the notice was issued on information from the Investigation Wing, reasons were supplied, and the assessee was found to have had an effective opportunity to meet the material and cross-examine the witness; no jurisdictional defect was demonstrated. The addition of unexplained income was deleted because it rested on third-party printouts and loose papers lacking essential particulars or independent corroboration, and a mere section 269SS violation could not by itself justify an income addition without proof of escapement of income. The result was partial relief to the assessee. en-us Wed, 30 Jun 2021 00:00:00 +0530 Wed, 21 Jul 2021 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409950 Reassessment was upheld because the notice was issued on information from the Investigation Wing, reasons were supplied, and the assessee was found to have had an effective opportunity to meet the material and cross-examine the witness; no jurisdictional defect was demonstrated. The addition of unexplained income was deleted because it rested on third-party printouts and loose papers lacking essential particulars or independent corroboration, and a mere section 269SS violation could not by itself justify an income addition without proof of escapement of income. The result was partial relief to the assessee. Case-Laws Income Tax Wed, 30 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409950