https://www.taxtmi.com/caselaws?id=415544 The Tribunal ruled in favor of the assessee on various grounds, including the invalidity of reassessment proceedings, improper addition under Section 68, violation of natural justice, mechanical approval by the CIT, and non-compliance with the four-week waiting period. As a result, the Tribunal set aside the CIT(A)'s order and instructed the AO to remove the addition, ultimately granting relief to the assessee by allowing their appeal. en-us Mon, 06 Dec 2021 00:00:00 +0530 Thu, 03 Mar 2022 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415544 The Tribunal ruled in favor of the assessee on various grounds, including the invalidity of reassessment proceedings, improper addition under Section 68, violation of natural justice, mechanical approval by the CIT, and non-compliance with the four-week waiting period. As a result, the Tribunal set aside the CIT(A)'s order and instructed the AO to remove the addition, ultimately granting relief to the assessee by allowing their appeal. Case-Laws Income Tax Mon, 06 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415544