https://www.taxtmi.com/caselaws?id=409429 The Tribunal partially allowed the appeal, emphasizing the importance of conducting a thorough investigation and considering all evidence presented by the assessee. The Assessing Officer's failure to properly review the revised return and conduct a comprehensive enquiry led to the remand of the issue for proper adjudication, highlighting the significance of procedural fairness and adherence to natural justice principles in tax assessments. The dismissal of the appeal by the CIT(A) was overturned, underscoring the need for a meticulous assessment process to determine accurate income tax liability. en-us Tue, 29 Jun 2021 00:00:00 +0530 Thu, 08 Jul 2021 08:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409429 The Tribunal partially allowed the appeal, emphasizing the importance of conducting a thorough investigation and considering all evidence presented by the assessee. The Assessing Officer's failure to properly review the revised return and conduct a comprehensive enquiry led to the remand of the issue for proper adjudication, highlighting the significance of procedural fairness and adherence to natural justice principles in tax assessments. The dismissal of the appeal by the CIT(A) was overturned, underscoring the need for a meticulous assessment process to determine accurate income tax liability. Case-Laws Income Tax Tue, 29 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409429