https://www.taxtmi.com/caselaws?id=427747 The tribunal allowed the appeal, directing the deletion of the addition of Rs. 41,21,700/- as deemed income under Section 69A of the Income Tax Act. It found the reassessment proceedings faulty due to improper service of notice, emphasizing the importance of proper jurisdictional procedures and the revenue's duty to adequately consider and verify the evidence provided by the assessee. en-us Tue, 14 Jun 2022 00:00:00 +0530 Wed, 14 Sep 2022 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427747 The tribunal allowed the appeal, directing the deletion of the addition of Rs. 41,21,700/- as deemed income under Section 69A of the Income Tax Act. It found the reassessment proceedings faulty due to improper service of notice, emphasizing the importance of proper jurisdictional procedures and the revenue's duty to adequately consider and verify the evidence provided by the assessee. Case-Laws Income Tax Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427747