https://www.taxtmi.com/caselaws?id=399306 Where the first appellate authority admits additional evidence that was not examined by the Assessing Officer, and that material goes to the root of the section 68 dispute, the proper course is remand for fresh adjudication. The Tribunal held that the Assessing Officer must be given an opportunity to verify the evidence and examine the transactions afresh, with both sides heard in accordance with law. The additions were therefore restored to the Assessing Officer for de novo consideration, and no final view was taken on the merits of the additions. en-us Tue, 04 Aug 2020 00:00:00 +0530 Thu, 08 Oct 2020 11:44:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399306 Where the first appellate authority admits additional evidence that was not examined by the Assessing Officer, and that material goes to the root of the section 68 dispute, the proper course is remand for fresh adjudication. The Tribunal held that the Assessing Officer must be given an opportunity to verify the evidence and examine the transactions afresh, with both sides heard in accordance with law. The additions were therefore restored to the Assessing Officer for de novo consideration, and no final view was taken on the merits of the additions. Case-Laws Income Tax Tue, 04 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399306