https://www.taxtmi.com/caselaws?id=408391 The Tribunal remanded the case back to the Commissioner of Income Tax (Appeals) for fresh adjudication as the appellant, a software development company, failed to sufficiently prove its business activities. The appellant was given the opportunity to provide additional evidence to support its claim of conducting software development activities. The decision highlighted the need for thorough examination of evidence, especially in transactions with foreign entities, and continuity of business activities in subsequent years. The impugned order was set aside for reevaluation, and the appeal was allowed for statistical purposes. en-us Mon, 07 Jun 2021 00:00:00 +0530 Wed, 09 Jun 2021 09:26:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408391 The Tribunal remanded the case back to the Commissioner of Income Tax (Appeals) for fresh adjudication as the appellant, a software development company, failed to sufficiently prove its business activities. The appellant was given the opportunity to provide additional evidence to support its claim of conducting software development activities. The decision highlighted the need for thorough examination of evidence, especially in transactions with foreign entities, and continuity of business activities in subsequent years. The impugned order was set aside for reevaluation, and the appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 07 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408391