https://www.taxtmi.com/caselaws?id=67401 The ITAT set aside the orders of the CIT(A) and the AAC and remanded the case for re-determination of property ownership. The appellate authorities erred in not thoroughly examining ownership and investment sources, with the ITAT emphasizing the independence of each assessment year. The principle of res judicata was misapplied, leading to a directive for fresh consideration by the respective appellate authorities. en-us Fri, 11 Mar 1988 00:00:00 +0530 Thu, 10 Mar 2011 14:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67401 The ITAT set aside the orders of the CIT(A) and the AAC and remanded the case for re-determination of property ownership. The appellate authorities erred in not thoroughly examining ownership and investment sources, with the ITAT emphasizing the independence of each assessment year. The principle of res judicata was misapplied, leading to a directive for fresh consideration by the respective appellate authorities. Case-Laws Income Tax Fri, 11 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67401