https://www.taxtmi.com/caselaws?id=432537 The dominant issue was whether the Tribunal, as the final fact-finding authority, discharged its duty to adjudicate the disputes (including the addition of unutilized MODVAT credit despite the assessee's claim of an ICAI-approved, consistently followed accounting method) by a reasoned order. The HC held the Tribunal's order was vitiated by non-application of mind and perversity, as it merely reproduced the CIT(A)'s findings and directions verbatim, failed to record or address the parties' submissions and grounds, and summarily affirmed the CIT(A). The Tribunal's refusal to rectify this on a miscellaneous application was also unsustainable. Consequently, both appeals were allowed, the Tribunal's order set aside, and the matters remanded for fresh consideration. en-us Thu, 05 Jan 2023 00:00:00 +0530 Fri, 26 Dec 2025 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432537 The dominant issue was whether the Tribunal, as the final fact-finding authority, discharged its duty to adjudicate the disputes (including the addition of unutilized MODVAT credit despite the assessee's claim of an ICAI-approved, consistently followed accounting method) by a reasoned order. The HC held the Tribunal's order was vitiated by non-application of mind and perversity, as it merely reproduced the CIT(A)'s findings and directions verbatim, failed to record or address the parties' submissions and grounds, and summarily affirmed the CIT(A). The Tribunal's refusal to rectify this on a miscellaneous application was also unsustainable. Consequently, both appeals were allowed, the Tribunal's order set aside, and the matters remanded for fresh consideration. Case-Laws Income Tax Thu, 05 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432537