https://www.taxtmi.com/caselaws?id=257026 The Tribunal allowed the Revenue's appeal for statistical purposes and dismissed the cross-objection filed by the assessee. The directions given by the CIT(A) were found appropriate, but the Tribunal modified the impugned order to ensure compliance with statutory provisions, directing the AO to verify the factual assertions regarding the fixed assets and continuity of business activity. en-us Fri, 20 Feb 2015 00:00:00 +0530 Mon, 23 Feb 2015 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257026 The Tribunal allowed the Revenue's appeal for statistical purposes and dismissed the cross-objection filed by the assessee. The directions given by the CIT(A) were found appropriate, but the Tribunal modified the impugned order to ensure compliance with statutory provisions, directing the AO to verify the factual assertions regarding the fixed assets and continuity of business activity. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257026