https://www.taxtmi.com/caselaws?id=368719 The ITAT remitted the appeals back to the Assessing Officer for proper verification and consideration, emphasizing the importance of providing substantial evidence to support claims, especially regarding the classification of assets under tax laws. The decision underscores the significance of due diligence and thorough examination in tax assessments, highlighting the procedural requirements and evidentiary standards essential in tax disputes to ensure fair and accurate assessments. en-us Wed, 10 Oct 2018 00:00:00 +0530 Sat, 13 Oct 2018 15:02:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368719 The ITAT remitted the appeals back to the Assessing Officer for proper verification and consideration, emphasizing the importance of providing substantial evidence to support claims, especially regarding the classification of assets under tax laws. The decision underscores the significance of due diligence and thorough examination in tax assessments, highlighting the procedural requirements and evidentiary standards essential in tax disputes to ensure fair and accurate assessments. Case-Laws Wealth-tax Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368719