https://www.taxtmi.com/caselaws?id=347804 The Appellate Tribunal remanded the case back to the Assessing Officer for rectification and completion of assessment under section 143(3) of the Income Tax Act. The Tribunal allowed the appeal of the assessee, emphasizing the importance of rectifying genuine mistakes for accurate assessment and tax collection. The decision underscored the need for diligent assessment by the Assessing Officer to prevent taxation on fictitious income and uphold fair taxation principles. en-us Wed, 21 Jun 2017 00:00:00 +0530 Tue, 12 Sep 2017 08:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347804 The Appellate Tribunal remanded the case back to the Assessing Officer for rectification and completion of assessment under section 143(3) of the Income Tax Act. The Tribunal allowed the appeal of the assessee, emphasizing the importance of rectifying genuine mistakes for accurate assessment and tax collection. The decision underscored the need for diligent assessment by the Assessing Officer to prevent taxation on fictitious income and uphold fair taxation principles. Case-Laws Income Tax Wed, 21 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347804