https://www.taxtmi.com/caselaws?id=773572 ITAT remanded the matter to CIT(A) for fresh adjudication after finding that the assessee's 300+ pages of documentary evidence were not properly considered. The tribunal held that CIT(A) dismissed the appeal regarding unexplained deposits u/s 68 without examining relevant business documents or providing adequate opportunity to explain the nexus between deposits and business receipts. Following principles of natural justice, the case was restored for de novo proceedings within three months, with directions to afford reasonable hearing opportunity. Appeal partly allowed for statistical purposes. en-us Thu, 27 Mar 2025 00:00:00 +0530 Wed, 25 Jun 2025 09:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773572 ITAT remanded the matter to CIT(A) for fresh adjudication after finding that the assessee's 300+ pages of documentary evidence were not properly considered. The tribunal held that CIT(A) dismissed the appeal regarding unexplained deposits u/s 68 without examining relevant business documents or providing adequate opportunity to explain the nexus between deposits and business receipts. Following principles of natural justice, the case was restored for de novo proceedings within three months, with directions to afford reasonable hearing opportunity. Appeal partly allowed for statistical purposes. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773572