https://www.taxtmi.com/caselaws?id=472233 Presumptive-tax addition based on bank credits required examination of the bank statements and ledger accounts reportedly filed in appellate proceedings. Although the appellate order recorded that no evidence supporting the bank deposits had been filed, it also reproduced the taxpayer's submission that bank-account statements and ledger-account copies were enclosed. Verification of the underlying deposits and a fresh determination of the addition were required, after affording the taxpayer an opportunity of hearing. en-us Thu, 17 Apr 2025 00:00:00 +0530 Mon, 05 Oct 2026 19:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472233 Presumptive-tax addition based on bank credits required examination of the bank statements and ledger accounts reportedly filed in appellate proceedings. Although the appellate order recorded that no evidence supporting the bank deposits had been filed, it also reproduced the taxpayer's submission that bank-account statements and ledger-account copies were enclosed. Verification of the underlying deposits and a fresh determination of the addition were required, after affording the taxpayer an opportunity of hearing. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472233