https://www.taxtmi.com/caselaws?id=399648 The High Court found the ITAT's decision to be perverse and not based on the evidence, emphasizing the need for considering all relevant evidence and providing cogent reasons. The High Court set aside the ITAT's order and restored the CIT(A)'s decision, which was supported by thorough consideration of the evidence. The appeal was allowed in favor of the assessee, with substantial questions of law answered in their favor. en-us Tue, 18 Feb 2020 00:00:00 +0530 Thu, 15 Oct 2020 14:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399648 The High Court found the ITAT's decision to be perverse and not based on the evidence, emphasizing the need for considering all relevant evidence and providing cogent reasons. The High Court set aside the ITAT's order and restored the CIT(A)'s decision, which was supported by thorough consideration of the evidence. The appeal was allowed in favor of the assessee, with substantial questions of law answered in their favor. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399648