https://www.taxtmi.com/caselaws?id=376477 The High Court allowed the appeal filed by the assessee, setting aside the Tribunal's order and remanding the matter to the CIT(A) for reconsideration. The Court emphasized the relevance of Circular No.21 of 2016 and the binding nature of circulars issued by the Board on the revenue. The decision highlighted the importance of affording the assessee an opportunity to present their case based on new grounds raised, indicating that the matter should be reconsidered by the CIT(A) in accordance with the law. en-us Wed, 23 Jan 2019 00:00:00 +0530 Mon, 11 Mar 2019 06:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376477 The High Court allowed the appeal filed by the assessee, setting aside the Tribunal's order and remanding the matter to the CIT(A) for reconsideration. The Court emphasized the relevance of Circular No.21 of 2016 and the binding nature of circulars issued by the Board on the revenue. The decision highlighted the importance of affording the assessee an opportunity to present their case based on new grounds raised, indicating that the matter should be reconsidered by the CIT(A) in accordance with the law. Case-Laws Income Tax Wed, 23 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376477