https://www.taxtmi.com/caselaws?id=257911 The High Court remitted the case back to the CIT(A) for a specific finding on whether the transactions were indeed reflected in subsequent returns as claimed by the assessee. The Court emphasized the need for consistency in tax treatment and avoidance of double taxation. The appeal was allowed under these terms, with the rights of the parties expressly reserved. en-us Wed, 11 Mar 2015 00:00:00 +0530 Thu, 26 Mar 2015 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257911 The High Court remitted the case back to the CIT(A) for a specific finding on whether the transactions were indeed reflected in subsequent returns as claimed by the assessee. The Court emphasized the need for consistency in tax treatment and avoidance of double taxation. The appeal was allowed under these terms, with the rights of the parties expressly reserved. Case-Laws Income Tax Wed, 11 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257911