https://www.taxtmi.com/caselaws?id=384453 The Appellate Tribunal allowed the bank's appeal, setting aside the orders passed under sections 201(1) and 201(1A) of the Income Tax Act for assessment years 2009-10 and 2010-11. The Tribunal found that the bank faced challenges in retrieving old data, was not adequately heard, and the orders were passed without considering these difficulties. The appeals were restored to the Commissioner of Income Tax (Appeals) for fresh adjudication, emphasizing the need for a reasonable opportunity to present relevant data. The Tribunal allowed the bank to raise legal issues and disposed of the appeals in favor of the bank for statistical purposes. en-us Thu, 25 Jul 2019 00:00:00 +0530 Tue, 13 Aug 2019 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384453 The Appellate Tribunal allowed the bank's appeal, setting aside the orders passed under sections 201(1) and 201(1A) of the Income Tax Act for assessment years 2009-10 and 2010-11. The Tribunal found that the bank faced challenges in retrieving old data, was not adequately heard, and the orders were passed without considering these difficulties. The appeals were restored to the Commissioner of Income Tax (Appeals) for fresh adjudication, emphasizing the need for a reasonable opportunity to present relevant data. The Tribunal allowed the bank to raise legal issues and disposed of the appeals in favor of the bank for statistical purposes. Case-Laws Income Tax Thu, 25 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384453