https://www.taxtmi.com/caselaws?id=185828 The court set aside previous orders and remanded the matter to the assessing officer for fresh consideration as crucial aspects, including the borrowing made by the appellant and reflection in accounts, were overlooked. The appeal was allowed, emphasizing the importance of proper verification and consideration of relevant evidence in income tax assessments. en-us Tue, 20 Mar 2012 00:00:00 +0530 Mon, 10 Jul 2017 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185828 The court set aside previous orders and remanded the matter to the assessing officer for fresh consideration as crucial aspects, including the borrowing made by the appellant and reflection in accounts, were overlooked. The appeal was allowed, emphasizing the importance of proper verification and consideration of relevant evidence in income tax assessments. Case-Laws Income Tax Tue, 20 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185828