https://www.taxtmi.com/caselaws?id=470164 Ex parte assessment of immovable-property purchases as unexplained investment was addressed where non-compliance with statutory notices resulted from the unexpected exit of accounts and finance personnel. The notes state that the lower authorities relied principally on non-compliance and did not examine the addition on its merits. They describe the assessment and appellate orders as set aside, with remand for de novo adjudication requiring reasonable opportunity to the assessee and a speaking order. 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 of immovable-property purchases as unexplained investment was addressed where non-compliance with statutory notices resulted from the unexpected exit of accounts and finance personnel. The notes state that the lower authorities relied principally on non-compliance and did not examine the addition on its merits. They describe the assessment and appellate orders as set aside, with remand for de novo adjudication requiring reasonable opportunity to the assessee and a speaking order. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470164