https://www.taxtmi.com/caselaws?id=438948 The Tribunal allowed the appeal, setting aside the assessment order and deleting the addition made under section 69A of the Income Tax Act. The Tribunal found discrepancies in the assessment process, noting that the Assessing Officer hastily concluded the assessment without proper verification. The assessee rectified the mistake of filing NIL income returns by submitting revised returns before proceedings under section 143(2) of the Act. The Tribunal's decision was pronounced on 9th June 2023 in Chennai. en-us Fri, 09 Jun 2023 00:00:00 +0530 Mon, 12 Jun 2023 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438948 The Tribunal allowed the appeal, setting aside the assessment order and deleting the addition made under section 69A of the Income Tax Act. The Tribunal found discrepancies in the assessment process, noting that the Assessing Officer hastily concluded the assessment without proper verification. The assessee rectified the mistake of filing NIL income returns by submitting revised returns before proceedings under section 143(2) of the Act. The Tribunal's decision was pronounced on 9th June 2023 in Chennai. Case-Laws Income Tax Fri, 09 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438948