https://www.taxtmi.com/caselaws?id=427890 The tribunal allowed the appeal, remanding the matter to the Assessing Officer for reconsideration. The decision was based on evidence showing that the addition made did not belong to the assessee, supported by payment details from IOCL. The tribunal emphasized the importance of providing complete information and giving the assessee an opportunity to reconcile differences before making additions to income. The case underscores the significance of a fair and just approach in resolving assessment discrepancies. en-us Fri, 16 Sep 2022 00:00:00 +0530 Mon, 19 Sep 2022 09:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427890 The tribunal allowed the appeal, remanding the matter to the Assessing Officer for reconsideration. The decision was based on evidence showing that the addition made did not belong to the assessee, supported by payment details from IOCL. The tribunal emphasized the importance of providing complete information and giving the assessee an opportunity to reconcile differences before making additions to income. The case underscores the significance of a fair and just approach in resolving assessment discrepancies. Case-Laws Income Tax Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427890