https://www.taxtmi.com/caselaws?id=305561 The tribunal found in favor of the appellant on all issues raised in the appeal. The assessment order was challenged for lack of natural justice and fair play, leading to a remand for fresh consideration emphasizing the importance of providing all relevant documents and cross-examination opportunities. The addition of sale proceeds of shares to income under section 68 was deemed unsustainable due to the AO's failure to follow principles of natural justice, resulting in a remand for a fair assessment process. The denial of liability to pay interest under specified sections was also in favor of the appellant due to the primary issue of lack of natural justice, leading to a remand for a fresh assessment with proper adherence to principles of natural justice. en-us Fri, 25 Oct 2019 00:00:00 +0530 Mon, 12 Dec 2022 10:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305561 The tribunal found in favor of the appellant on all issues raised in the appeal. The assessment order was challenged for lack of natural justice and fair play, leading to a remand for fresh consideration emphasizing the importance of providing all relevant documents and cross-examination opportunities. The addition of sale proceeds of shares to income under section 68 was deemed unsustainable due to the AO's failure to follow principles of natural justice, resulting in a remand for a fair assessment process. The denial of liability to pay interest under specified sections was also in favor of the appellant due to the primary issue of lack of natural justice, leading to a remand for a fresh assessment with proper adherence to principles of natural justice. Case-Laws Income Tax Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305561