https://www.taxtmi.com/caselaws?id=773717 Cash deposits during the demonetisation period were challenged because the assessee's claim that the deposits came from customers was not supported by documentary evidence, and no satisfactory details of the corresponding supplies were furnished. Additional evidence was also produced before the Tribunal under Rule 29 of the Income-tax Rules, 1962. In these circumstances, the Tribunal considered it appropriate to remit the matter for fresh adjudication, with an opportunity of hearing to the assessee, and directed de novo consideration by the Assessing Officer in accordance with law. en-us Thu, 22 May 2025 00:00:00 +0530 Fri, 27 Jun 2025 08:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773717 Cash deposits during the demonetisation period were challenged because the assessee's claim that the deposits came from customers was not supported by documentary evidence, and no satisfactory details of the corresponding supplies were furnished. Additional evidence was also produced before the Tribunal under Rule 29 of the Income-tax Rules, 1962. In these circumstances, the Tribunal considered it appropriate to remit the matter for fresh adjudication, with an opportunity of hearing to the assessee, and directed de novo consideration by the Assessing Officer in accordance with law. Case-Laws Income Tax Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773717