https://www.taxtmi.com/caselaws?id=776026 Dismissal of an appeal decided ex parte was improper because uploaded submissions and evidence required consideration, so the appellate order was set aside. Notices issued for reopening assessments lacked prescribed approval and were therefore invalid, though that defect became academic after merits disposal. Additions under the provision targeting unrecorded money were deleted because the contested bank credits and cash deposits were recorded in books and disclosed; consequently, corresponding additions under the provision for unexplained credits were also deleted as the taxpayer discharged the onus with confirmations, ledgers and bank records. Tax at an enhanced rate became inapplicable; interest under mandatory provisions remains chargeable and must be applied. en-us Thu, 31 Jul 2025 00:00:00 +0530 Fri, 13 Feb 2026 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776026 Dismissal of an appeal decided ex parte was improper because uploaded submissions and evidence required consideration, so the appellate order was set aside. Notices issued for reopening assessments lacked prescribed approval and were therefore invalid, though that defect became academic after merits disposal. Additions under the provision targeting unrecorded money were deleted because the contested bank credits and cash deposits were recorded in books and disclosed; consequently, corresponding additions under the provision for unexplained credits were also deleted as the taxpayer discharged the onus with confirmations, ledgers and bank records. Tax at an enhanced rate became inapplicable; interest under mandatory provisions remains chargeable and must be applied. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776026