https://www.taxtmi.com/caselaws?id=406210 The Tribunal allowed the Revenue's appeal, setting aside the CIT(A)'s decision to allow the assessee's additional expenses claim without giving the Assessing Officer an opportunity to examine new evidence. The Tribunal emphasized adherence to procedural rules, specifically Rule 46A, and remitted the matter to the AO for a fresh assessment following proper procedures. Additionally, the Tribunal upheld the Revenue's appeal regarding the correctness of allowing a sum as purchases without trading receipts, citing a violation of Rule 46A and ordering a fresh decision by the AO. en-us Thu, 11 Feb 2021 00:00:00 +0530 Fri, 09 Apr 2021 07:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406210 The Tribunal allowed the Revenue's appeal, setting aside the CIT(A)'s decision to allow the assessee's additional expenses claim without giving the Assessing Officer an opportunity to examine new evidence. The Tribunal emphasized adherence to procedural rules, specifically Rule 46A, and remitted the matter to the AO for a fresh assessment following proper procedures. Additionally, the Tribunal upheld the Revenue's appeal regarding the correctness of allowing a sum as purchases without trading receipts, citing a violation of Rule 46A and ordering a fresh decision by the AO. Case-Laws Income Tax Thu, 11 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406210