https://www.taxtmi.com/caselaws?id=432879 The Tribunal upheld the assessment order despite challenges regarding the lack of DIN and circular compliance, emphasizing the importance of these requirements but not deeming them fatal to the process. Errors in considering submissions and information led to the quashing of the assessment order, highlighting the necessity of due consideration. Incorrect application of the cut and paste method resulted in the order's annulment due to a lack of proper assessment. Mechanical approval without supervision was deemed invalid, prompting the order to be quashed. The appellant succeeded in challenging additions for unaccounted investment and cash investment, leading to their deletion, while exemption under section 54F was granted. The failure to consider section 115BBE necessitated a review, and allegations of passing the order on extraneous reasons were dismissed for lack of evidence. en-us Fri, 13 Jan 2023 00:00:00 +0530 Mon, 16 Jan 2023 08:42:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432879 The Tribunal upheld the assessment order despite challenges regarding the lack of DIN and circular compliance, emphasizing the importance of these requirements but not deeming them fatal to the process. Errors in considering submissions and information led to the quashing of the assessment order, highlighting the necessity of due consideration. Incorrect application of the cut and paste method resulted in the order's annulment due to a lack of proper assessment. Mechanical approval without supervision was deemed invalid, prompting the order to be quashed. The appellant succeeded in challenging additions for unaccounted investment and cash investment, leading to their deletion, while exemption under section 54F was granted. The failure to consider section 115BBE necessitated a review, and allegations of passing the order on extraneous reasons were dismissed for lack of evidence. Case-Laws Income Tax Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432879