https://www.taxtmi.com/caselaws?id=469764 The Tribunal held that the revenue's objection based on non-consideration of the remand report failed because the report contained no adverse findings and instead supported the assessee's explanations for cash deposits, the source of payment for an immovable property, and stamp duty payment. As the report did not prejudice the revenue, its omission by the first appellate authority caused no infirmity. The revenue also failed to show any error on merits in the deletion of additions for unexplained investment and unexplained money, so the deletion was upheld in favour of the assessee. en-us Mon, 10 Mar 2025 00:00:00 +0530 Thu, 02 Jul 2026 20:38:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469764 The Tribunal held that the revenue's objection based on non-consideration of the remand report failed because the report contained no adverse findings and instead supported the assessee's explanations for cash deposits, the source of payment for an immovable property, and stamp duty payment. As the report did not prejudice the revenue, its omission by the first appellate authority caused no infirmity. The revenue also failed to show any error on merits in the deletion of additions for unexplained investment and unexplained money, so the deletion was upheld in favour of the assessee. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469764