https://www.taxtmi.com/caselaws?id=305133 The tribunal found an error in its order regarding repayment details to M/s. Sheela Credit & Leasing Limited in a case related to the Income Tax Act, 1961. The bench had overlooked crucial submission letters confirming payments made by the assessee, leading to a mistaken conclusion about the source of funds. Upon recognizing this oversight, the tribunal recalled its order, accepted the Miscellaneous Application, and directed the appeal to proceed. This case underscores the significance of presenting all pertinent evidence for fair tax assessments. en-us Thu, 11 Nov 2021 00:00:00 +0530 Fri, 18 Nov 2022 10:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305133 The tribunal found an error in its order regarding repayment details to M/s. Sheela Credit & Leasing Limited in a case related to the Income Tax Act, 1961. The bench had overlooked crucial submission letters confirming payments made by the assessee, leading to a mistaken conclusion about the source of funds. Upon recognizing this oversight, the tribunal recalled its order, accepted the Miscellaneous Application, and directed the appeal to proceed. This case underscores the significance of presenting all pertinent evidence for fair tax assessments. Case-Laws Income Tax Thu, 11 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305133