https://www.taxtmi.com/caselaws?id=435925 The Tribunal allowed the appeal, holding the assessment order invalid due to procedural lapses and lack of proper inquiries. The addition of Rs. 9,75,90,067 under Section 68 was deemed unjustified as the assessee disowned the bank accounts, citing fraudulent use of documents. The appeal was allowed on legal and merit grounds, setting aside the assessment order. en-us Fri, 17 Mar 2023 00:00:00 +0530 Thu, 30 Mar 2023 22:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435925 The Tribunal allowed the appeal, holding the assessment order invalid due to procedural lapses and lack of proper inquiries. The addition of Rs. 9,75,90,067 under Section 68 was deemed unjustified as the assessee disowned the bank accounts, citing fraudulent use of documents. The appeal was allowed on legal and merit grounds, setting aside the assessment order. Case-Laws Income Tax Fri, 17 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435925