https://www.taxtmi.com/caselaws?id=436034 The Tribunal dismissed the Revenue's appeal in its entirety, upholding the decision of the Ld. CIT(A) on all grounds. The Tribunal found the issues regarding non-issuance of notice under Section 143(2) and addition under Section 50C to be in favor of the assessee. Additionally, the Tribunal agreed with the Ld. CIT(A) in deleting the additions related to alleged on-money and black money, citing lack of reliable evidence. The Cross Objections by the assessee were deemed infructuous. en-us Wed, 29 Mar 2023 00:00:00 +0530 Sat, 01 Apr 2023 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436034 The Tribunal dismissed the Revenue's appeal in its entirety, upholding the decision of the Ld. CIT(A) on all grounds. The Tribunal found the issues regarding non-issuance of notice under Section 143(2) and addition under Section 50C to be in favor of the assessee. Additionally, the Tribunal agreed with the Ld. CIT(A) in deleting the additions related to alleged on-money and black money, citing lack of reliable evidence. The Cross Objections by the assessee were deemed infructuous. Case-Laws Income Tax Wed, 29 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436034