https://www.taxtmi.com/caselaws?id=304966 The High Court remanded the case to the Tribunal for further investigation regarding the distance of the land from the Municipal limits to determine its classification under the IT Act. The AO's report was challenged due to inconsistencies, leading to a lack of conclusive decision. Both issues, including the deletion of expenditure disallowance, were set aside for fresh adjudication by the AO. The appeals by both the assessee and the revenue were allowed for statistical purposes, emphasizing the importance of proper evidence and enquiry in such matters. en-us Mon, 02 Dec 2019 00:00:00 +0530 Wed, 09 Nov 2022 08:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304966 The High Court remanded the case to the Tribunal for further investigation regarding the distance of the land from the Municipal limits to determine its classification under the IT Act. The AO's report was challenged due to inconsistencies, leading to a lack of conclusive decision. Both issues, including the deletion of expenditure disallowance, were set aside for fresh adjudication by the AO. The appeals by both the assessee and the revenue were allowed for statistical purposes, emphasizing the importance of proper evidence and enquiry in such matters. Case-Laws Income Tax Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304966