https://www.taxtmi.com/caselaws?id=451225 The ITAT Ahmedabad quashed an assessment under section 69A regarding cash deposits made during demonetization by a deceased assessee. The AO proceeded against only one legal heir despite being informed that the deceased had six sons as legal heirs. The sole legal heir objected, stating he was not the only heir and lacked possession of relevant documents. The ITAT held that conducting assessment proceedings against only one legal heir when multiple heirs exist violates legal provisions, rendering the entire assessment invalid. The appeal was allowed and assessment quashed. en-us Wed, 20 Mar 2024 00:00:00 +0530 Fri, 22 Mar 2024 09:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451225 The ITAT Ahmedabad quashed an assessment under section 69A regarding cash deposits made during demonetization by a deceased assessee. The AO proceeded against only one legal heir despite being informed that the deceased had six sons as legal heirs. The sole legal heir objected, stating he was not the only heir and lacked possession of relevant documents. The ITAT held that conducting assessment proceedings against only one legal heir when multiple heirs exist violates legal provisions, rendering the entire assessment invalid. The appeal was allowed and assessment quashed. Case-Laws Income Tax Wed, 20 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451225