https://www.taxtmi.com/caselaws?id=431172 The Tribunal admitted the delayed appeal citing the pandemic. The income assessment was partially allowed, with a revision order under section 263 leading to reassessment. Discrepancies in land sale consideration and unexplained cash deposit were raised, with the Tribunal remitting the matters for fresh consideration, emphasizing cross-examination. The appeal was allowed for statistical purposes, stressing the importance of thorough examination and cross-examination in ensuring fair assessments. en-us Wed, 30 Nov 2022 00:00:00 +0530 Tue, 06 Dec 2022 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431172 The Tribunal admitted the delayed appeal citing the pandemic. The income assessment was partially allowed, with a revision order under section 263 leading to reassessment. Discrepancies in land sale consideration and unexplained cash deposit were raised, with the Tribunal remitting the matters for fresh consideration, emphasizing cross-examination. The appeal was allowed for statistical purposes, stressing the importance of thorough examination and cross-examination in ensuring fair assessments. Case-Laws Income Tax Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431172