https://www.taxtmi.com/caselaws?id=425035 The Tribunal remanded the case back to the Assessing Officer for further examination due to the complexity of the relationship between the Assessee and the Allana Group. The Assessee's appeal was allowed for statistical purposes, with instructions for both parties to cooperate in the process. The Tribunal emphasized the importance of correctly determining turnover and net profit in this case involving the classification of the Assessee as a kachha arahtia based on Circular No. 452/1986 of CBDT. en-us Thu, 30 Jun 2022 00:00:00 +0530 Thu, 14 Jul 2022 08:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425035 The Tribunal remanded the case back to the Assessing Officer for further examination due to the complexity of the relationship between the Assessee and the Allana Group. The Assessee's appeal was allowed for statistical purposes, with instructions for both parties to cooperate in the process. The Tribunal emphasized the importance of correctly determining turnover and net profit in this case involving the classification of the Assessee as a kachha arahtia based on Circular No. 452/1986 of CBDT. Case-Laws Income Tax Thu, 30 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425035