https://www.taxtmi.com/caselaws?id=356374 The ITAT recalled the assessment for the AY 2009-10 related to unverified purchases, directing a fresh assessment after the High Court's judgment. The Revenue's arguments against setting aside assessments for an uncertain future were rejected. The ITAT noted the failure to bring up Section 153(2A) during initial proceedings and recalled the order for a fresh hearing. The Miscellaneous Application by the Revenue was disposed of, with the decision announced in open court on 04/01/2018. The ITAT's decision aimed to address legal compliance and the Revenue's concerns effectively. en-us Thu, 04 Jan 2018 00:00:00 +0530 Tue, 06 Mar 2018 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356374 The ITAT recalled the assessment for the AY 2009-10 related to unverified purchases, directing a fresh assessment after the High Court's judgment. The Revenue's arguments against setting aside assessments for an uncertain future were rejected. The ITAT noted the failure to bring up Section 153(2A) during initial proceedings and recalled the order for a fresh hearing. The Miscellaneous Application by the Revenue was disposed of, with the decision announced in open court on 04/01/2018. The ITAT's decision aimed to address legal compliance and the Revenue's concerns effectively. Case-Laws Income Tax Thu, 04 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356374