https://www.taxtmi.com/caselaws?id=59057 The appeal before ITAT BOMBAY-D was against the CIT(A)'s order for the assessment year 1979-80. The main issues were the addition under section 40A(3), addition related to High Denomination Notes, and the assessment of the firm as an Unregistered Firm. The Tribunal found that the assessee was not given a fair opportunity to respond to crucial evidence, leading to procedural irregularities. Consequently, the CIT(A)'s order was set aside, and the appeal was remanded for fresh disposal, emphasizing the need for a reasonable opportunity for the assessee to address the materials collected by the Department. The appeal was treated as allowed for statistical purposes, favoring the assessee. en-us Thu, 14 May 1987 00:00:00 +0530 Thu, 23 Dec 2010 17:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59057 The appeal before ITAT BOMBAY-D was against the CIT(A)'s order for the assessment year 1979-80. The main issues were the addition under section 40A(3), addition related to High Denomination Notes, and the assessment of the firm as an Unregistered Firm. The Tribunal found that the assessee was not given a fair opportunity to respond to crucial evidence, leading to procedural irregularities. Consequently, the CIT(A)'s order was set aside, and the appeal was remanded for fresh disposal, emphasizing the need for a reasonable opportunity for the assessee to address the materials collected by the Department. The appeal was treated as allowed for statistical purposes, favoring the assessee. Case-Laws Income Tax Thu, 14 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59057