https://www.taxtmi.com/caselaws?id=372041 The Tribunal held that the assessment order could not be deemed erroneous and prejudicial to the revenue solely based on inadequate verification by the Assessing Officer. The Tribunal directed the AO to examine additional evidence provided by the assessee regarding the agreement with the State Government of Andhra Pradesh. The appeal was allowed for statistical purposes, and the matter was remanded to the AO for further verification and fresh adjudication in accordance with the law. en-us Wed, 01 Aug 2018 00:00:00 +0530 Sun, 16 Dec 2018 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372041 The Tribunal held that the assessment order could not be deemed erroneous and prejudicial to the revenue solely based on inadequate verification by the Assessing Officer. The Tribunal directed the AO to examine additional evidence provided by the assessee regarding the agreement with the State Government of Andhra Pradesh. The appeal was allowed for statistical purposes, and the matter was remanded to the AO for further verification and fresh adjudication in accordance with the law. Case-Laws Income Tax Wed, 01 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372041