https://www.taxtmi.com/caselaws?id=21188 The High Court remanded the case back to the Appellate Tribunal for fresh consideration as there was no proper assessment by the Tribunal. The Court emphasized the Tribunal's duty to address all relevant grounds raised, even if necessitating further investigation. The matter regarding the interpretation of sections 41(1) and 28(iv) of the Income-tax Act, 1961 was left unresolved pending the Tribunal's reevaluation in accordance with the Court's directives. The Revenue's appeal was partially successful, with the case being sent back for a more thorough examination. en-us Wed, 24 Jun 1992 00:00:00 +0530 Fri, 20 Nov 2009 16:09:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21188 The High Court remanded the case back to the Appellate Tribunal for fresh consideration as there was no proper assessment by the Tribunal. The Court emphasized the Tribunal's duty to address all relevant grounds raised, even if necessitating further investigation. The matter regarding the interpretation of sections 41(1) and 28(iv) of the Income-tax Act, 1961 was left unresolved pending the Tribunal's reevaluation in accordance with the Court's directives. The Revenue's appeal was partially successful, with the case being sent back for a more thorough examination. Case-Laws Income Tax Wed, 24 Jun 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21188