https://www.taxtmi.com/caselaws?id=301263 The Tribunal set aside the assessment and directed the Assessing Officer to reevaluate the classification of income and allowability of expenses for the current assessment year. The Tribunal emphasized that the earlier appellate orders were not applicable as the assessee had engaged solely in shared and infrastructure services, distinct from previous years. The AO was instructed to conduct a fresh assessment considering relevant agreements and provisions of the Income Tax Act, granting the assessee a fair hearing. The appeal was allowed for statistical purposes. en-us Thu, 16 Feb 2017 00:00:00 +0530 Thu, 24 Mar 2022 09:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301263 The Tribunal set aside the assessment and directed the Assessing Officer to reevaluate the classification of income and allowability of expenses for the current assessment year. The Tribunal emphasized that the earlier appellate orders were not applicable as the assessee had engaged solely in shared and infrastructure services, distinct from previous years. The AO was instructed to conduct a fresh assessment considering relevant agreements and provisions of the Income Tax Act, granting the assessee a fair hearing. The appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301263