https://www.taxtmi.com/caselaws?id=309216 The tribunal set aside the appellate order due to non-application of mind and lack of proper opportunity of hearing by the first appellate authority. The tribunal emphasized the necessity for the appellate order to meet the requirements of section 250(6) of the Income Tax Act, including stating points for determination and reasons for the decision. It highlighted the relevance of the Departmental Valuation Officer report in cases involving valuation differences. The tribunal remanded the matter back to the CIT(A) for a fresh decision, emphasizing the need for a reasonable opportunity of hearing and a comprehensive, reasoned order. en-us Thu, 22 Jul 2021 00:00:00 +0530 Thu, 17 Aug 2023 21:49:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309216 The tribunal set aside the appellate order due to non-application of mind and lack of proper opportunity of hearing by the first appellate authority. The tribunal emphasized the necessity for the appellate order to meet the requirements of section 250(6) of the Income Tax Act, including stating points for determination and reasons for the decision. It highlighted the relevance of the Departmental Valuation Officer report in cases involving valuation differences. The tribunal remanded the matter back to the CIT(A) for a fresh decision, emphasizing the need for a reasonable opportunity of hearing and a comprehensive, reasoned order. Case-Laws Income Tax Thu, 22 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309216