https://www.taxtmi.com/caselaws?id=429952 The Tribunal allowed the appeal filed by the assessee, remanding the case to the Assessing Officer for a fresh examination of the evidence and explanations provided regarding cash deposits and share transactions in the ICICI Bank account. The Tribunal held that the entire credit in the ICICI Bank account could not be added as undisclosed income without considering debit entries and explanations provided, directing the AO to verify details and evidence, grant a hearing to the assessee, and pass an order in accordance with the law. en-us Thu, 27 Oct 2022 00:00:00 +0530 Tue, 08 Nov 2022 09:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429952 The Tribunal allowed the appeal filed by the assessee, remanding the case to the Assessing Officer for a fresh examination of the evidence and explanations provided regarding cash deposits and share transactions in the ICICI Bank account. The Tribunal held that the entire credit in the ICICI Bank account could not be added as undisclosed income without considering debit entries and explanations provided, directing the AO to verify details and evidence, grant a hearing to the assessee, and pass an order in accordance with the law. Case-Laws Income Tax Thu, 27 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429952