https://www.taxtmi.com/caselaws?id=470164 Ex parte assessment treating immovable-property purchases as unexplained investment was set aside because tax compliance had been disrupted by the unexpected departure of accounts and finance personnel, and the lower authorities had relied principally on non-compliance without examining the addition on merits. Fresh adjudication is required after granting reasonable opportunity to the assessee and issuing a speaking order. The matter was restored to the Assessing Officer for de novo adjudication. en-us Tue, 18 Mar 2025 00:00:00 +0530 Fri, 17 Jul 2026 21:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470164 Ex parte assessment treating immovable-property purchases as unexplained investment was set aside because tax compliance had been disrupted by the unexpected departure of accounts and finance personnel, and the lower authorities had relied principally on non-compliance without examining the addition on merits. Fresh adjudication is required after granting reasonable opportunity to the assessee and issuing a speaking order. The matter was restored to the Assessing Officer for de novo adjudication. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470164