https://www.taxtmi.com/caselaws?id=298413 The ITAT Chandigarh allowed the appeals of the assessee for statistical purposes, directing the CIT(A) to provide a detailed and reasoned decision regarding the addition of Rs. 11,44,500 in the returned income. The judgment stressed the importance of considering all relevant agreements, statements, and submissions in tax assessment proceedings for a fair evaluation. The matter was referred back to the CIT(A) for clarification on the addition based on property sale consideration and the rejection of the second sale agreement, emphasizing the need for a comprehensive assessment process. en-us Thu, 22 Mar 2018 00:00:00 +0530 Mon, 01 Nov 2021 07:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298413 The ITAT Chandigarh allowed the appeals of the assessee for statistical purposes, directing the CIT(A) to provide a detailed and reasoned decision regarding the addition of Rs. 11,44,500 in the returned income. The judgment stressed the importance of considering all relevant agreements, statements, and submissions in tax assessment proceedings for a fair evaluation. The matter was referred back to the CIT(A) for clarification on the addition based on property sale consideration and the rejection of the second sale agreement, emphasizing the need for a comprehensive assessment process. Case-Laws Income Tax Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298413