https://www.taxtmi.com/caselaws?id=406010 The Revenue's appeal against the Income Tax Appellate Tribunal's order for the assessment year 2014-15 was dismissed. The Tribunal's decision to set aside the Assessing Officer's order and remit the issue back for reexamination was upheld. The Revenue's challenges regarding burden of proof and the assessee's role in promoting the company were rejected. The assessee was granted liberty to restore the appeal if the final decision on the Vivad Se Vishwas Scheme declaration is unfavorable. The judgment concluded by disposing of the tax case appeal with no costs, allowing the assessee the opportunity to restore the appeal if needed. en-us Tue, 02 Mar 2021 00:00:00 +0530 Sat, 03 Apr 2021 08:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406010 The Revenue's appeal against the Income Tax Appellate Tribunal's order for the assessment year 2014-15 was dismissed. The Tribunal's decision to set aside the Assessing Officer's order and remit the issue back for reexamination was upheld. The Revenue's challenges regarding burden of proof and the assessee's role in promoting the company were rejected. The assessee was granted liberty to restore the appeal if the final decision on the Vivad Se Vishwas Scheme declaration is unfavorable. The judgment concluded by disposing of the tax case appeal with no costs, allowing the assessee the opportunity to restore the appeal if needed. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406010