https://www.taxtmi.com/caselaws?id=378115 The Tribunal remanded the case back to the Assessing Officer following the directions of the Hon'ble Allahabad High Court. The Assessing Officer was instructed to allow the assessee to cross-examine the sellers and conduct proper verification of evidence. Penalty proceedings were remanded as they were linked to the quantum appeals. The Tribunal emphasized the importance of adhering to principles of natural justice and providing the assessee with a fair hearing. All appeals were partly allowed for statistical purposes. en-us Thu, 04 Apr 2019 00:00:00 +0530 Mon, 08 Apr 2019 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378115 The Tribunal remanded the case back to the Assessing Officer following the directions of the Hon'ble Allahabad High Court. The Assessing Officer was instructed to allow the assessee to cross-examine the sellers and conduct proper verification of evidence. Penalty proceedings were remanded as they were linked to the quantum appeals. The Tribunal emphasized the importance of adhering to principles of natural justice and providing the assessee with a fair hearing. All appeals were partly allowed for statistical purposes. Case-Laws Income Tax Thu, 04 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378115