https://www.taxtmi.com/caselaws?id=421955 The Tribunal partially allowed the appeal, concluding that the addition on account of client code modifications lacked merit and was based on unsubstantiated assumptions. The Tribunal emphasized the importance of providing necessary documents and opportunities to respond to allegations, upholding principles of natural justice. The decision highlighted the need for concrete evidence before making additions to an assessment, especially when challenging the legitimacy of financial transactions. en-us Mon, 04 Apr 2022 00:00:00 +0530 Thu, 05 May 2022 08:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421955 The Tribunal partially allowed the appeal, concluding that the addition on account of client code modifications lacked merit and was based on unsubstantiated assumptions. The Tribunal emphasized the importance of providing necessary documents and opportunities to respond to allegations, upholding principles of natural justice. The decision highlighted the need for concrete evidence before making additions to an assessment, especially when challenging the legitimacy of financial transactions. Case-Laws Income Tax Mon, 04 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421955