https://www.taxtmi.com/caselaws?id=391906 The Tribunal remanded the case to the CIT(A) for reconsideration, emphasizing the need for the assessee to prove the genuineness, creditworthiness, and identity of shareholders. The CIT(A) was directed to provide a fair hearing to both parties and consider recent legal decisions, focusing on the principles of natural justice. en-us Tue, 04 Feb 2020 00:00:00 +0530 Mon, 10 Feb 2020 08:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391906 The Tribunal remanded the case to the CIT(A) for reconsideration, emphasizing the need for the assessee to prove the genuineness, creditworthiness, and identity of shareholders. The CIT(A) was directed to provide a fair hearing to both parties and consider recent legal decisions, focusing on the principles of natural justice. Case-Laws Income Tax Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391906