https://www.taxtmi.com/caselaws?id=433406 The Tribunal disposed of the appeals by setting aside the CIT(A)'s decisions and directing the Assessing Officer (AO) to reconsider the additions made under sections 2(24)(iv) and 115BE of the Income-tax Act, 1961. The Tribunal found that the CIT(A) lacked independent findings, merely following previous decisions. The appeals were allowed for statistical purposes, with the AO instructed to re-evaluate the issues based on precedents in related cases, ensuring consistency with prior rulings. en-us Tue, 17 Jan 2023 00:00:00 +0530 Wed, 18 Dec 2024 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433406 The Tribunal disposed of the appeals by setting aside the CIT(A)'s decisions and directing the Assessing Officer (AO) to reconsider the additions made under sections 2(24)(iv) and 115BE of the Income-tax Act, 1961. The Tribunal found that the CIT(A) lacked independent findings, merely following previous decisions. The appeals were allowed for statistical purposes, with the AO instructed to re-evaluate the issues based on precedents in related cases, ensuring consistency with prior rulings. Case-Laws Income Tax Tue, 17 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433406