https://www.taxtmi.com/caselaws?id=433598 The tribunal allowed the assessee's appeal for statistical purposes, directing the assessing officer to reevaluate the peak cash balance during the year by considering all relevant financial statements. The tribunal emphasized the importance of comprehensive assessment based on all available financial information to arrive at a fair determination of taxable income. en-us Tue, 24 Jan 2023 00:00:00 +0530 Sat, 04 Feb 2023 08:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433598 The tribunal allowed the assessee's appeal for statistical purposes, directing the assessing officer to reevaluate the peak cash balance during the year by considering all relevant financial statements. The tribunal emphasized the importance of comprehensive assessment based on all available financial information to arrive at a fair determination of taxable income. Case-Laws Income Tax Tue, 24 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433598