https://www.taxtmi.com/caselaws?id=210059 The Court remanded the case back to the Tribunal for reassessment based on evidence presented by the assessee, emphasizing the need for assessments to rely on evidence rather than guesswork. The Tribunal was directed to consider all documents provided and make a genuine assessment, ultimately allowing the appeal against the Revenue and instructing the Tribunal to dispose of the matter within three months, with no costs awarded. en-us Mon, 25 Apr 2011 00:00:00 +0530 Fri, 30 Nov 2012 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210059 The Court remanded the case back to the Tribunal for reassessment based on evidence presented by the assessee, emphasizing the need for assessments to rely on evidence rather than guesswork. The Tribunal was directed to consider all documents provided and make a genuine assessment, ultimately allowing the appeal against the Revenue and instructing the Tribunal to dispose of the matter within three months, with no costs awarded. Case-Laws Income Tax Mon, 25 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210059