https://www.taxtmi.com/caselaws?id=300504 The Tribunal upheld the reassessment despite the appellant's challenges, citing lack of evidence. However, the addition of cash deposited in the bank account was deleted in favor of the appellant due to credible evidence of agricultural income. The issue of interest charged under sections 234A, 234B, and 234C was not extensively addressed. The Tribunal stressed the significance of supporting claims with proper documentation and thorough verification in reassessment proceedings, ultimately ruling in favor of the appellant regarding the cash deposit addition. en-us Thu, 04 Feb 2021 00:00:00 +0530 Mon, 07 Feb 2022 21:12:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300504 The Tribunal upheld the reassessment despite the appellant's challenges, citing lack of evidence. However, the addition of cash deposited in the bank account was deleted in favor of the appellant due to credible evidence of agricultural income. The issue of interest charged under sections 234A, 234B, and 234C was not extensively addressed. The Tribunal stressed the significance of supporting claims with proper documentation and thorough verification in reassessment proceedings, ultimately ruling in favor of the appellant regarding the cash deposit addition. Case-Laws Income Tax Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300504