https://www.taxtmi.com/caselaws?id=370663 The Tribunal set aside the CIT(A)'s decision in the appeal against the Assessment Year 2012-13 order due to the violation of Rule 46A of the Income Tax Rules, 1962. The Tribunal remanded the matter for a fresh decision after obtaining a remand report from the Assessing Officer, emphasizing the importance of following proper procedures and obtaining necessary reports before concluding on the outstanding loan amount discrepancy. The appeal was allowed for statistical purposes, underscoring the need for adherence to procedural requirements and thorough verification of evidence in financial discrepancies cases. en-us Fri, 16 Nov 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370663 The Tribunal set aside the CIT(A)'s decision in the appeal against the Assessment Year 2012-13 order due to the violation of Rule 46A of the Income Tax Rules, 1962. The Tribunal remanded the matter for a fresh decision after obtaining a remand report from the Assessing Officer, emphasizing the importance of following proper procedures and obtaining necessary reports before concluding on the outstanding loan amount discrepancy. The appeal was allowed for statistical purposes, underscoring the need for adherence to procedural requirements and thorough verification of evidence in financial discrepancies cases. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370663