https://www.taxtmi.com/caselaws?id=771505 The SC/Tribunal addressed a tax dispute involving a charitable educational trust's unexplained cash deposits. The court found ex-parte orders valid due to the assessee's non-compliance but granted a final opportunity to produce evidence explaining the Rs. 1,37,90,000/- cash deposits. The matter was restored to the AO for de novo assessment, with the assessee directed to submit supporting documents and pay Rs. 10,000 in costs, balancing procedural fairness and substantial justice under sections 69A and 147 of the Income-tax Act. en-us Wed, 02 Apr 2025 00:00:00 +0530 Tue, 27 May 2025 08:32:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771505 The SC/Tribunal addressed a tax dispute involving a charitable educational trust's unexplained cash deposits. The court found ex-parte orders valid due to the assessee's non-compliance but granted a final opportunity to produce evidence explaining the Rs. 1,37,90,000/- cash deposits. The matter was restored to the AO for de novo assessment, with the assessee directed to submit supporting documents and pay Rs. 10,000 in costs, balancing procedural fairness and substantial justice under sections 69A and 147 of the Income-tax Act. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771505