https://www.taxtmi.com/caselaws?id=435586 The Tribunal partly allowed one appeal and dismissed the other. It addressed the issues of addition upheld by the CIT(A) and the penalty imposed for non-compliance of notices under section 271(1)(b) based on detailed analysis and legal principles. The Tribunal found the additions unjustified due to lack of material and absence of cross-examination, emphasizing the importance of natural justice principles. It deleted the additions and confirmed the penalty for non-compliance, highlighting the necessity of providing opportunities for rebuttal in assessment processes. en-us Tue, 07 Mar 2023 00:00:00 +0530 Thu, 23 Mar 2023 08:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435586 The Tribunal partly allowed one appeal and dismissed the other. It addressed the issues of addition upheld by the CIT(A) and the penalty imposed for non-compliance of notices under section 271(1)(b) based on detailed analysis and legal principles. The Tribunal found the additions unjustified due to lack of material and absence of cross-examination, emphasizing the importance of natural justice principles. It deleted the additions and confirmed the penalty for non-compliance, highlighting the necessity of providing opportunities for rebuttal in assessment processes. Case-Laws Income Tax Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435586