https://www.taxtmi.com/caselaws?id=346801 The dispute over whether lease rent was a statutory or contractual liability, and the correct year for claiming the deduction under the Income-tax Act, required unresolved factual and legal examination. The statutory-liability argument was raised for the first time before SC, and the assessee had not been given an opportunity to answer it with relevant documents. Because the existing record was insufficient for a final merits determination, the matter was remanded to the Tribunal for fresh adjudication after considering the parties' documents and contentions. en-us Thu, 17 Aug 2017 00:00:00 +0530 Wed, 23 Aug 2017 07:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346801 The dispute over whether lease rent was a statutory or contractual liability, and the correct year for claiming the deduction under the Income-tax Act, required unresolved factual and legal examination. The statutory-liability argument was raised for the first time before SC, and the assessee had not been given an opportunity to answer it with relevant documents. Because the existing record was insufficient for a final merits determination, the matter was remanded to the Tribunal for fresh adjudication after considering the parties' documents and contentions. Case-Laws Income Tax Thu, 17 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346801