https://www.taxtmi.com/caselaws?id=244726 Where decisive documents relied on by the assessee had not been examined by the Assessing Officer or the first appellate authority, the factual foundation for sustaining the additions was incomplete. The Court held that it could not itself verify the fresh materials produced before the Tribunal and that the proper course was remand for fresh consideration. The assessment and appellate findings were therefore set aside, and the matter was reopened so the Assessing Officer could examine the explanation and supporting records anew, including the issues relating to partner drawings, interest paid to a partner, introduction of funds, and keyman insurance premium. en-us Wed, 29 Jan 2014 00:00:00 +0530 Wed, 13 May 2015 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244726 Where decisive documents relied on by the assessee had not been examined by the Assessing Officer or the first appellate authority, the factual foundation for sustaining the additions was incomplete. The Court held that it could not itself verify the fresh materials produced before the Tribunal and that the proper course was remand for fresh consideration. The assessment and appellate findings were therefore set aside, and the matter was reopened so the Assessing Officer could examine the explanation and supporting records anew, including the issues relating to partner drawings, interest paid to a partner, introduction of funds, and keyman insurance premium. Case-Laws Income Tax Wed, 29 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244726