https://www.taxtmi.com/caselaws?id=432735 The appeal challenging the assessment order under section 143(3)/147 was successful as the Tribunal directed the Assessing Officer to delete additions due to lack of inquiry and justification. The legitimacy of cash deposits, gifts, and income from a small diary business were scrutinized, with the Tribunal emphasizing the need for proper inquiry and substantiation. The Tribunal allowed the appeal, highlighting the importance of verifying income sources before making additions to the assessment. en-us Wed, 11 Jan 2023 00:00:00 +0530 Thu, 12 Jan 2023 08:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432735 The appeal challenging the assessment order under section 143(3)/147 was successful as the Tribunal directed the Assessing Officer to delete additions due to lack of inquiry and justification. The legitimacy of cash deposits, gifts, and income from a small diary business were scrutinized, with the Tribunal emphasizing the need for proper inquiry and substantiation. The Tribunal allowed the appeal, highlighting the importance of verifying income sources before making additions to the assessment. Case-Laws Income Tax Wed, 11 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432735