https://www.taxtmi.com/caselaws?id=442476 Cash deposits in the assessee's bank account, claimed to be sale proceeds of agricultural land, were not finally sustained because the record showed inadequate verification of the issue. The Tribunal restored the matter to the Assessing Officer for fresh adjudication, with directions to grant the assessee a reasonable opportunity of hearing in the set-aside proceedings. The addition was therefore sent back for de novo consideration rather than confirmed on the existing material. en-us Wed, 07 Jun 2023 00:00:00 +0530 Sat, 02 Sep 2023 07:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442476 Cash deposits in the assessee's bank account, claimed to be sale proceeds of agricultural land, were not finally sustained because the record showed inadequate verification of the issue. The Tribunal restored the matter to the Assessing Officer for fresh adjudication, with directions to grant the assessee a reasonable opportunity of hearing in the set-aside proceedings. The addition was therefore sent back for de novo consideration rather than confirmed on the existing material. Case-Laws Income Tax Wed, 07 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442476