https://www.taxtmi.com/caselaws?id=434122 The Tribunal partially allowed the assessee's appeal, primarily concerning the addition of unexplained cash deposits, while dismissing issues related to the reopening of the case and notice issuance under Sections 147 and 148 of the Income Tax Act. The decision highlighted the significance of considering all evidence presented and correctly applying legal provisions. The Tribunal deleted the addition of Rs. 13,83,300/- sustained by the CIT(A), emphasizing the lower authorities' failure to adequately assess the submissions and evidence provided by the assessee. en-us Wed, 08 Feb 2023 00:00:00 +0530 Fri, 17 Feb 2023 09:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434122 The Tribunal partially allowed the assessee's appeal, primarily concerning the addition of unexplained cash deposits, while dismissing issues related to the reopening of the case and notice issuance under Sections 147 and 148 of the Income Tax Act. The decision highlighted the significance of considering all evidence presented and correctly applying legal provisions. The Tribunal deleted the addition of Rs. 13,83,300/- sustained by the CIT(A), emphasizing the lower authorities' failure to adequately assess the submissions and evidence provided by the assessee. Case-Laws Income Tax Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434122