https://www.taxtmi.com/caselaws?id=409214 The Tribunal partly allowed the Revenue's appeal, upholding the deletion of Rs. 4,04,25,000 related to M/s M.L. Singhi & Associates Private Limited. However, the issue concerning the remaining eleven investors was remanded to the AO for further verification. The Tribunal stressed the importance of the AO conducting necessary enquiries and affording the assessee a fair opportunity to present its case. en-us Wed, 30 Jun 2021 00:00:00 +0530 Fri, 02 Jul 2021 08:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409214 The Tribunal partly allowed the Revenue's appeal, upholding the deletion of Rs. 4,04,25,000 related to M/s M.L. Singhi & Associates Private Limited. However, the issue concerning the remaining eleven investors was remanded to the AO for further verification. The Tribunal stressed the importance of the AO conducting necessary enquiries and affording the assessee a fair opportunity to present its case. Case-Laws Income Tax Wed, 30 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409214