https://www.taxtmi.com/caselaws?id=466002 Reopening of assessment was contested in relation to unexplained credits in a bank account; the assessing officer examined a noncurrent investment recorded as share application money after the assessee denied dealing with identified entities, and the significance of whether the bank statement was uploaded on the designated portal was queried. The impugned notices and orders were set aside, with liberty granted to the assessing officer to take further steps in accordance with law. en-us Mon, 25 Sep 2023 00:00:00 +0530 Mon, 19 Jan 2026 10:32:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466002 Reopening of assessment was contested in relation to unexplained credits in a bank account; the assessing officer examined a noncurrent investment recorded as share application money after the assessee denied dealing with identified entities, and the significance of whether the bank statement was uploaded on the designated portal was queried. The impugned notices and orders were set aside, with liberty granted to the assessing officer to take further steps in accordance with law. Case-Laws Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466002