https://www.taxtmi.com/caselaws?id=260202 The Tribunal remanded both issues back to the Assessing Officer (AO) for fresh adjudication, emphasizing the need for thorough verification and due process. The decision applies mutatis mutandis to related cases involving different assessees but similar facts and issues. Appeals of the Department were allowed for statistical purposes. en-us Fri, 29 May 2015 00:00:00 +0530 Fri, 05 Jun 2015 13:25:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260202 The Tribunal remanded both issues back to the Assessing Officer (AO) for fresh adjudication, emphasizing the need for thorough verification and due process. The decision applies mutatis mutandis to related cases involving different assessees but similar facts and issues. Appeals of the Department were allowed for statistical purposes. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260202