https://www.taxtmi.com/caselaws?id=234030 The Tribunal allowed the Revenue's appeal for statistical purposes, stressing the necessity of accurately identifying the source of funds for fixed asset investments by analyzing daily cash flow statements and account details. The matter was remanded to the Assessing Officer for further examination of daily cash flows and account statements to determine the source of funds used for investments. en-us Fri, 26 Apr 2013 00:00:00 +0530 Sat, 25 May 2013 17:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234030 The Tribunal allowed the Revenue's appeal for statistical purposes, stressing the necessity of accurately identifying the source of funds for fixed asset investments by analyzing daily cash flow statements and account details. The matter was remanded to the Assessing Officer for further examination of daily cash flows and account statements to determine the source of funds used for investments. Case-Laws Income Tax Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234030