https://www.taxtmi.com/caselaws?id=364173 The Tribunal set aside the lower authorities' orders and remanded the case to the Assessing Officer for fresh adjudication. The decision emphasized the need for proper inquiry, compliance with directions from the Commissioner of Income Tax, and ensuring a fair opportunity for presenting evidence. The case involved procedural lapses by the lower authorities and highlighted the importance of thorough investigation and compliance with legal procedures in assessing the genuineness of share application money. en-us Fri, 20 Jul 2018 00:00:00 +0530 Tue, 24 Jul 2018 08:52:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364173 The Tribunal set aside the lower authorities' orders and remanded the case to the Assessing Officer for fresh adjudication. The decision emphasized the need for proper inquiry, compliance with directions from the Commissioner of Income Tax, and ensuring a fair opportunity for presenting evidence. The case involved procedural lapses by the lower authorities and highlighted the importance of thorough investigation and compliance with legal procedures in assessing the genuineness of share application money. Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364173