https://www.taxtmi.com/caselaws?id=216520 An appellate authority under the Income-tax Act must pass a speaking order stating the points for determination, its decision and the reasons for that decision. Where the first appellate order does not examine the controversy on the material before it or record clear reasons on whether lease receipts are business income or income from ownership exploitation, it fails the requirement of section 250(6) and offends fair procedure. The appellate order was therefore set aside and the matter restored to the CIT(A) for fresh adjudication after hearing both sides. en-us Tue, 31 Jul 2012 00:00:00 +0530 Thu, 13 Sep 2012 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216520 An appellate authority under the Income-tax Act must pass a speaking order stating the points for determination, its decision and the reasons for that decision. Where the first appellate order does not examine the controversy on the material before it or record clear reasons on whether lease receipts are business income or income from ownership exploitation, it fails the requirement of section 250(6) and offends fair procedure. The appellate order was therefore set aside and the matter restored to the CIT(A) for fresh adjudication after hearing both sides. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216520