https://www.taxtmi.com/caselaws?id=461326 ITAT Mumbai deleted additions for unexplained investments and receipts made by AO without providing specific details to assessee, violating natural justice principles. Tribunal found additions based on information collected without assessee's knowledge unsustainable after decades of litigation. Additions regarding dividend details were deleted as they were based on company declarations rather than actual shareholding. Enhancement by CIT(A) for balance sheet differences was removed due to reconciliation issues. Interest under Section 234D was held inapplicable as no refund was issued, while interest under Sections 234A and 234B was limited to original assessment date. en-us Thu, 06 Feb 2025 00:00:00 +0530 Fri, 28 Mar 2025 19:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461326 ITAT Mumbai deleted additions for unexplained investments and receipts made by AO without providing specific details to assessee, violating natural justice principles. Tribunal found additions based on information collected without assessee's knowledge unsustainable after decades of litigation. Additions regarding dividend details were deleted as they were based on company declarations rather than actual shareholding. Enhancement by CIT(A) for balance sheet differences was removed due to reconciliation issues. Interest under Section 234D was held inapplicable as no refund was issued, while interest under Sections 234A and 234B was limited to original assessment date. Case-Laws Income Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461326