HC quashes reassessment done without considering assessee's explanation about cash deposit

IT : Where Assessing Officer issued notice seeking to reopen assessment on ground that there was a big mismatch between returned income and cash transactions in assessee's bank accounts which remained unexplained, in view of fact that assessee had received amount in cash for sale of his Mango crop which was deposited in bank account, impugned reassessment proceedings deserved to be set aside

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