https://www.taxtmi.com/caselaws?id=795086 Documentary evidence filed in revision proceedings, including a cash-transaction summary, appointment letter and delivery challans, must be considered before rejecting the explanation for cash deposits. The notes state that the revision order did not address that material or record adverse findings, while the underlying assessment was ex parte and the Assessing Officer had not previously considered the evidence. They describe the revision order, ex parte assessment, consequential demand and penalty notices, and bank-account attachment notice as having been set aside, with de novo assessment directed after considering the evidence and allowing a reasonable hearing opportunity. en-us Mon, 13 Jul 2026 00:00:00 +0530 Thu, 16 Jul 2026 09:07:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795086 Documentary evidence filed in revision proceedings, including a cash-transaction summary, appointment letter and delivery challans, must be considered before rejecting the explanation for cash deposits. The notes state that the revision order did not address that material or record adverse findings, while the underlying assessment was ex parte and the Assessing Officer had not previously considered the evidence. They describe the revision order, ex parte assessment, consequential demand and penalty notices, and bank-account attachment notice as having been set aside, with de novo assessment directed after considering the evidence and allowing a reasonable hearing opportunity. Case-Laws Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795086