https://www.taxtmi.com/caselaws?id=428073 The appeal was filed against the addition of cash deposit as unexplained income under section 69A of the Income-tax Act for the assessment year 2012-13. The Tribunal ruled in favor of the assessee, stating that the additions were not valid as the statutory notice under section 143(2) was not issued. Additionally, the Tribunal held that a notice under section 143(2) should have been issued before making any additions based on the return filed in response to the notice under section 148. Consequently, the additions made by the Assessing Officer were deleted, and the appeal was partly allowed, emphasizing the importance of procedural compliance in tax assessments. en-us Wed, 04 May 2022 00:00:00 +0530 Fri, 20 Feb 2026 17:21:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428073 The appeal was filed against the addition of cash deposit as unexplained income under section 69A of the Income-tax Act for the assessment year 2012-13. The Tribunal ruled in favor of the assessee, stating that the additions were not valid as the statutory notice under section 143(2) was not issued. Additionally, the Tribunal held that a notice under section 143(2) should have been issued before making any additions based on the return filed in response to the notice under section 148. Consequently, the additions made by the Assessing Officer were deleted, and the appeal was partly allowed, emphasizing the importance of procedural compliance in tax assessments. Case-Laws Income Tax Wed, 04 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428073