https://www.taxtmi.com/caselaws?id=449118 The Appellate Tribunal set aside the CIT(A)'s order and remanded the case back to the Assessing Officer for fresh adjudication. This decision was made in light of the Settlement Commission's order, which accepted that the disputed additions should be considered in the hands of a company director, not the assessee company. The appeal was allowed for statistical purposes, with instructions to reevaluate the case, ensuring the assessee is given a fair opportunity to present their case. en-us Mon, 04 Dec 2023 00:00:00 +0530 Tue, 06 Feb 2024 08:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449118 The Appellate Tribunal set aside the CIT(A)'s order and remanded the case back to the Assessing Officer for fresh adjudication. This decision was made in light of the Settlement Commission's order, which accepted that the disputed additions should be considered in the hands of a company director, not the assessee company. The appeal was allowed for statistical purposes, with instructions to reevaluate the case, ensuring the assessee is given a fair opportunity to present their case. Case-Laws Income Tax Mon, 04 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449118