https://www.taxtmi.com/caselaws?id=361462 The ITAT allowed the appeal for statistical purposes, indicating a favorable outcome for the assessee based on the issues raised and the legal arguments presented. The order of the AO as upheld by the Ld. CIT(A) was declared null and void ab initio, and the additions made were to be deleted. The ITAT directed the AO to examine the claim of the assessee afresh and decide in accordance with the law, following legal precedents and providing proper opportunity for the assessee to present their case. en-us Fri, 01 Jun 2018 00:00:00 +0530 Thu, 07 Jun 2018 09:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361462 The ITAT allowed the appeal for statistical purposes, indicating a favorable outcome for the assessee based on the issues raised and the legal arguments presented. The order of the AO as upheld by the Ld. CIT(A) was declared null and void ab initio, and the additions made were to be deleted. The ITAT directed the AO to examine the claim of the assessee afresh and decide in accordance with the law, following legal precedents and providing proper opportunity for the assessee to present their case. Case-Laws Income Tax Fri, 01 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361462