https://www.taxtmi.com/caselaws?id=431821 The Tribunal allowed the assessee's appeal, directing the AO to adjudicate the matter afresh, considering all relevant documents and issuing a speaking order. The decision emphasized the necessity of material evidence to support claims under rectification proceedings and the importance of adhering to the legal framework provided under Sections 139(5) and 154 of the Income Tax Act. The Tribunal's order ensures that the assessee's claim is examined thoroughly, balancing the need for procedural correctness with substantive justice. en-us Tue, 20 Dec 2022 00:00:00 +0530 Thu, 22 Dec 2022 08:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431821 The Tribunal allowed the assessee's appeal, directing the AO to adjudicate the matter afresh, considering all relevant documents and issuing a speaking order. The decision emphasized the necessity of material evidence to support claims under rectification proceedings and the importance of adhering to the legal framework provided under Sections 139(5) and 154 of the Income Tax Act. The Tribunal's order ensures that the assessee's claim is examined thoroughly, balancing the need for procedural correctness with substantive justice. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431821