https://www.taxtmi.com/caselaws?id=293035 The Tribunal allowed the Revenue's appeal against the CIT(A) order for the assessment year 2012-13, directing the matter to be restored to the Assessing Officer for a fresh assessment. The Tribunal found that the CIT(A) had not adequately verified crucial details submitted by the assessee, leading to a reliance on a judgment without proper verification. The decision emphasized the importance of thorough assessment based on verified information, resulting in the reversal of the CIT(A) finding and the need for a fresh decision by the AO. en-us Fri, 14 Jul 2017 00:00:00 +0530 Wed, 20 Jan 2021 13:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293035 The Tribunal allowed the Revenue's appeal against the CIT(A) order for the assessment year 2012-13, directing the matter to be restored to the Assessing Officer for a fresh assessment. The Tribunal found that the CIT(A) had not adequately verified crucial details submitted by the assessee, leading to a reliance on a judgment without proper verification. The decision emphasized the importance of thorough assessment based on verified information, resulting in the reversal of the CIT(A) finding and the need for a fresh decision by the AO. Case-Laws Income Tax Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293035