https://www.taxtmi.com/caselaws?id=772931 AT examined multiple tax-related issues involving unexplained cash deposits and credit entries. The tribunal found significant procedural and substantive errors in the AO's assessment. Key outcomes include: remanding the case to CIT(A) for fresh consideration, directing examination of debit transactions, allowing admission of new evidence, and rejecting blanket treatment of bank entries as undisclosed income. The decision emphasized procedural fairness and comprehensive financial analysis. en-us Tue, 13 May 2025 00:00:00 +0530 Mon, 16 Jun 2025 08:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772931 AT examined multiple tax-related issues involving unexplained cash deposits and credit entries. The tribunal found significant procedural and substantive errors in the AO's assessment. Key outcomes include: remanding the case to CIT(A) for fresh consideration, directing examination of debit transactions, allowing admission of new evidence, and rejecting blanket treatment of bank entries as undisclosed income. The decision emphasized procedural fairness and comprehensive financial analysis. Case-Laws Income Tax Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772931