https://www.taxtmi.com/caselaws?id=287107 Issue 1: The Tribunal set aside the CIT(A)'s order and remitted the case back to the Assessing Officer (AO) for a fresh assessment after finding that the CIT(A) did not specify the additional details/evidences considered under Rule 46A, allowing the appellant an opportunity to present all project details and evidence for consideration.Issue 2: The Tribunal directed the AO to reevaluate the revenue recognition for the Kanhan Project and Demo Zone Project based on all details and evidence provided by the appellant, as discrepancies in gross profit margins were identified, leading to the computation of short recognition of revenue.Issue 3: The Tribunal allowed the appeal for statistical purposes and remitted the case back to the AO for a fresh assessment, as it found that the CIT(A) failed to address key issues raised by the appellant regarding revenue recognition and specific project provision. en-us Mon, 23 Nov 2015 00:00:00 +0530 Sun, 29 Mar 2020 19:03:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287107 Issue 1: The Tribunal set aside the CIT(A)'s order and remitted the case back to the Assessing Officer (AO) for a fresh assessment after finding that the CIT(A) did not specify the additional details/evidences considered under Rule 46A, allowing the appellant an opportunity to present all project details and evidence for consideration.Issue 2: The Tribunal directed the AO to reevaluate the revenue recognition for the Kanhan Project and Demo Zone Project based on all details and evidence provided by the appellant, as discrepancies in gross profit margins were identified, leading to the computation of short recognition of revenue.Issue 3: The Tribunal allowed the appeal for statistical purposes and remitted the case back to the AO for a fresh assessment, as it found that the CIT(A) failed to address key issues raised by the appellant regarding revenue recognition and specific project provision. Case-Laws Income Tax Mon, 23 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287107