https://www.taxtmi.com/caselaws?id=443597 The Tribunal partially allowed the appeal, setting aside the CIT(A)'s order and remanding the case to the Assessing Officer for a fresh assessment. The Tribunal found that the Assessing Officer did not provide adequate opportunity to the assessee to present evidence and explanations, violating principles of natural justice. The Assessing Officer was directed to seek guidance from the Addl. CIT/Joint CIT under section 144A of the IT Act to determine the sufficiency of evidence and whether further investigation was necessary. The Tribunal emphasized the need for a fresh examination of the case without influence from prior decisions. en-us Fri, 22 Sep 2023 00:00:00 +0530 Thu, 28 Sep 2023 08:45:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443597 The Tribunal partially allowed the appeal, setting aside the CIT(A)'s order and remanding the case to the Assessing Officer for a fresh assessment. The Tribunal found that the Assessing Officer did not provide adequate opportunity to the assessee to present evidence and explanations, violating principles of natural justice. The Assessing Officer was directed to seek guidance from the Addl. CIT/Joint CIT under section 144A of the IT Act to determine the sufficiency of evidence and whether further investigation was necessary. The Tribunal emphasized the need for a fresh examination of the case without influence from prior decisions. Case-Laws Income Tax Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443597