https://www.taxtmi.com/caselaws?id=434195 The Tribunal partly allowed the appeal, emphasizing fair opportunity for the assessee to present evidence and compliance with procedural requirements. It addressed issues such as reopening assessments, appellate authorities' powers, and pandemic-related delays. The Tribunal set aside the addition of unexplained cash deposits, directing fresh consideration with supporting evidence. It upheld the reopening of assessment due to a live link between information and escaped income belief. The appeal was admitted despite delay, considering the exceptional circumstances of the Covid-19 pandemic. en-us Fri, 17 Feb 2023 00:00:00 +0530 Sat, 18 Feb 2023 06:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434195 The Tribunal partly allowed the appeal, emphasizing fair opportunity for the assessee to present evidence and compliance with procedural requirements. It addressed issues such as reopening assessments, appellate authorities' powers, and pandemic-related delays. The Tribunal set aside the addition of unexplained cash deposits, directing fresh consideration with supporting evidence. It upheld the reopening of assessment due to a live link between information and escaped income belief. The appeal was admitted despite delay, considering the exceptional circumstances of the Covid-19 pandemic. Case-Laws Income Tax Fri, 17 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434195