https://www.taxtmi.com/highlights?id=72912 Undisclosed income (from equity transactions) - unexplained investment (by way of cash deposit) u/s 69 r/w Section 115 BBE - huge amount of money was transacted using the Firm's PAN number - Assessment against deceased partner - AO ought to have compared the income that was proposed to be added pursuant to notice dated 31.03.2022 with the income declared by the petitioner's deceased husband (late) while finalizing the assessment. There is no comparison. - Matter restored back - HC en-us Sun, 05 Nov 2023 10:45:54 +0530 Sun, 05 Nov 2023 10:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72912 Undisclosed income (from equity transactions) - unexplained investment (by way of cash deposit) u/s 69 r/w Section 115 BBE - huge amount of money was transacted using the Firm's PAN number - Assessment against deceased partner - AO ought to have compared the income that was proposed to be added pursuant to notice dated 31.03.2022 with the income declared by the petitioner's deceased husband (late) while finalizing the assessment. There is no comparison. - Matter restored back - HC Highlights Income Tax Sun, 05 Nov 2023 10:45:54 +0530 https://www.taxtmi.com/highlights?id=72912