https://www.taxtmi.com/caselaws?id=349223 The Tribunal remitted the case back to the Assessing Officer (A.O.) to provide the assessee with an opportunity to prove the incorrectness of the impounded material. The A.O. was directed to supply copies of statements recorded and the impounded material to the assessee for explanation. Additionally, the A.O. was instructed to thoroughly examine Mr. B. Babujee and Mr. B. Srinivas and decide the issue afresh on its merits. The appeal by the revenue and the cross-objection by the assessee were both allowed for statistical purposes. en-us Fri, 06 Oct 2017 00:00:00 +0530 Mon, 09 Oct 2017 11:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349223 The Tribunal remitted the case back to the Assessing Officer (A.O.) to provide the assessee with an opportunity to prove the incorrectness of the impounded material. The A.O. was directed to supply copies of statements recorded and the impounded material to the assessee for explanation. Additionally, the A.O. was instructed to thoroughly examine Mr. B. Babujee and Mr. B. Srinivas and decide the issue afresh on its merits. The appeal by the revenue and the cross-objection by the assessee were both allowed for statistical purposes. Case-Laws Income Tax Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349223