https://www.taxtmi.com/caselaws?id=430100 Outcome: The Tribunal upheld the Principal Commissioner of Income Tax's decision to set aside the Assessing Officer's order and directed a fresh assessment. Emphasizing the importance of thorough examination of cash deposits during the demonetization period, the Tribunal ordered the Assessing Officer to conduct a detailed verification in accordance with specified instructions. The appeal was allowed for statistical purposes, stressing the assessee's obligation to substantiate the authenticity of cash deposits during demonetization. en-us Tue, 27 Sep 2022 00:00:00 +0530 Thu, 10 Nov 2022 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430100 Outcome: The Tribunal upheld the Principal Commissioner of Income Tax's decision to set aside the Assessing Officer's order and directed a fresh assessment. Emphasizing the importance of thorough examination of cash deposits during the demonetization period, the Tribunal ordered the Assessing Officer to conduct a detailed verification in accordance with specified instructions. The appeal was allowed for statistical purposes, stressing the assessee's obligation to substantiate the authenticity of cash deposits during demonetization. Case-Laws Income Tax Tue, 27 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430100