https://www.taxtmi.com/caselaws?id=242070 Additional evidence going to the root of the dispute was admitted because sufficient cause was shown for not filing it earlier, and because it was relevant to determine whether the investments were current or long-term and whether diminution in value was allowable. The Tribunal then remitted the disallowance issue for de novo consideration by the Assessing Officer after taking the fresh material and the relevant accounting and banking guidelines into account. The substantive claim was thus sent back for fresh adjudication, with the appeal allowed only for statistical purposes. en-us Wed, 01 Jan 2014 00:00:00 +0530 Tue, 07 Jan 2014 07:04:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242070 Additional evidence going to the root of the dispute was admitted because sufficient cause was shown for not filing it earlier, and because it was relevant to determine whether the investments were current or long-term and whether diminution in value was allowable. The Tribunal then remitted the disallowance issue for de novo consideration by the Assessing Officer after taking the fresh material and the relevant accounting and banking guidelines into account. The substantive claim was thus sent back for fresh adjudication, with the appeal allowed only for statistical purposes. Case-Laws Income Tax Wed, 01 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242070