https://www.taxtmi.com/caselaws?id=385388 The High Court ruled in favor of the appellant, emphasizing the necessity for the ITAT to consider cross-objections and provide specific findings on the genuineness of jewelry sale transactions. The Court held that the Tribunal erred in dismissing the cross-objections without due consideration. Additionally, the Court partially sided with the Assessee regarding discrepancies in evidence, upholding the remand decision for further assessment by the Assessing Officer to independently evaluate the evidence. en-us Mon, 26 Aug 2019 00:00:00 +0530 Wed, 04 Sep 2019 09:25:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385388 The High Court ruled in favor of the appellant, emphasizing the necessity for the ITAT to consider cross-objections and provide specific findings on the genuineness of jewelry sale transactions. The Court held that the Tribunal erred in dismissing the cross-objections without due consideration. Additionally, the Court partially sided with the Assessee regarding discrepancies in evidence, upholding the remand decision for further assessment by the Assessing Officer to independently evaluate the evidence. Case-Laws Income Tax Mon, 26 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385388