https://www.taxtmi.com/caselaws?id=349385 The Appellate Tribunal allowed the Revenue's appeal for statistical purposes, remitting the case back to the Ld. CIT(A) for re-consideration. The Tribunal emphasized the importance of providing both parties with a proper opportunity to present their case and laid stress on factual foundation for claiming benefits like peak credit. As the assessee did not raise the plea of peak credit before the A.O. and admitted to submitting a fabricated document, the matter was sent back for re-examination. en-us Wed, 11 Oct 2017 00:00:00 +0530 Thu, 12 Oct 2017 08:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349385 The Appellate Tribunal allowed the Revenue's appeal for statistical purposes, remitting the case back to the Ld. CIT(A) for re-consideration. The Tribunal emphasized the importance of providing both parties with a proper opportunity to present their case and laid stress on factual foundation for claiming benefits like peak credit. As the assessee did not raise the plea of peak credit before the A.O. and admitted to submitting a fabricated document, the matter was sent back for re-examination. Case-Laws Income Tax Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349385