https://www.taxtmi.com/caselaws?id=270438 The High Court remanded the case back to the CIT(A) for fresh consideration, setting aside the ITAT's decision to delete the addition made by the Assessing Officer regarding the alleged benami relationship between the assessee and Shri Nalnish Aggarwal. The Court directed the CIT(A) to allow the assessee to present evidence under Rule 46A to prove the transaction's genuineness and disprove the benami allegation, emphasizing the need for a thorough examination of all objections raised by the Assessing Officer. en-us Fri, 18 Sep 2015 00:00:00 +0530 Wed, 06 Jan 2016 09:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270438 The High Court remanded the case back to the CIT(A) for fresh consideration, setting aside the ITAT's decision to delete the addition made by the Assessing Officer regarding the alleged benami relationship between the assessee and Shri Nalnish Aggarwal. The Court directed the CIT(A) to allow the assessee to present evidence under Rule 46A to prove the transaction's genuineness and disprove the benami allegation, emphasizing the need for a thorough examination of all objections raised by the Assessing Officer. Case-Laws Income Tax Fri, 18 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270438