https://www.taxtmi.com/caselaws?id=213943 The Court remanded the case back to the Tribunal for a fresh assessment regarding the interpretation of Section 40(a)(ia) of the Income Tax Act and the retrospective application of the Finance Act, 2010. The Court directed a reassessment of the admissibility of additional evidence by the Revenue, violation of principles of natural justice, dismissal of cross objection, and failure to remand the case for proper disposal. The Tribunal was instructed to consider the applicability of the Board's circular and the Finance Act, 2008 in making its decision. en-us Mon, 02 Apr 2012 00:00:00 +0530 Tue, 12 Jun 2012 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213943 The Court remanded the case back to the Tribunal for a fresh assessment regarding the interpretation of Section 40(a)(ia) of the Income Tax Act and the retrospective application of the Finance Act, 2010. The Court directed a reassessment of the admissibility of additional evidence by the Revenue, violation of principles of natural justice, dismissal of cross objection, and failure to remand the case for proper disposal. The Tribunal was instructed to consider the applicability of the Board's circular and the Finance Act, 2008 in making its decision. Case-Laws Income Tax Mon, 02 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213943