https://www.taxtmi.com/caselaws?id=436857 The Tribunal dismissed the Assessee's appeal, upholding the Principal Commissioner's decision that the assessment order was erroneous due to unverified cash deposits. The Tribunal found that the significant cash deposits were not adequately verified, rendering the assessment order flawed. Therefore, the Tribunal declined to interfere with the Principal Commissioner's directive for a fresh assessment after proper inquiry and hearing. en-us Wed, 29 Mar 2023 00:00:00 +0530 Fri, 21 Apr 2023 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436857 The Tribunal dismissed the Assessee's appeal, upholding the Principal Commissioner's decision that the assessment order was erroneous due to unverified cash deposits. The Tribunal found that the significant cash deposits were not adequately verified, rendering the assessment order flawed. Therefore, the Tribunal declined to interfere with the Principal Commissioner's directive for a fresh assessment after proper inquiry and hearing. Case-Laws Income Tax Wed, 29 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436857