https://www.taxtmi.com/caselaws?id=766270 ITAT Surat allowed assessee's appeal for statistical purposes regarding reopening of assessment u/s 147 and addition of unexplained cash deposits. Though assessee was negligent and non-cooperative, CIT(A) passed order without waiting for reply on hearing date. Tribunal restored matter to AO for fresh examination subject to Rs. 10,000 cost payment to District Legal Services Authority within three weeks. Penalty u/s 271(1)(c) order quashed as assessment matter restored. However, penalty u/s 271(1)(b) of Rs. 10,000 for non-compliance with notices upheld, noting AO's leniency in imposing single penalty despite multiple defaults. en-us Tue, 18 Feb 2025 00:00:00 +0530 Fri, 21 Feb 2025 08:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766270 ITAT Surat allowed assessee's appeal for statistical purposes regarding reopening of assessment u/s 147 and addition of unexplained cash deposits. Though assessee was negligent and non-cooperative, CIT(A) passed order without waiting for reply on hearing date. Tribunal restored matter to AO for fresh examination subject to Rs. 10,000 cost payment to District Legal Services Authority within three weeks. Penalty u/s 271(1)(c) order quashed as assessment matter restored. However, penalty u/s 271(1)(b) of Rs. 10,000 for non-compliance with notices upheld, noting AO's leniency in imposing single penalty despite multiple defaults. Case-Laws Income Tax Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766270