https://www.taxtmi.com/caselaws?id=466444 Tribunal remanded an income tax assessment back to the Assessing Officer without deciding preliminary jurisdictional objections; the High Court found no material justifying remand and faulted the Tribunal for failing to exercise its fact finding duty, noting earlier appellate findings on off market share purchases and artificial sale rates remained undisturbed. The Court held the Tribunal must address grounds including natural justice, reopening of assessment, time limits for reassessment, and additions relating to unexplained receipts, set aside the impugned remand order, allowed the appeals and directed the Tribunal to decide the appeal afresh on merits. en-us Mon, 15 Mar 2021 00:00:00 +0530 Fri, 06 Feb 2026 16:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466444 Tribunal remanded an income tax assessment back to the Assessing Officer without deciding preliminary jurisdictional objections; the High Court found no material justifying remand and faulted the Tribunal for failing to exercise its fact finding duty, noting earlier appellate findings on off market share purchases and artificial sale rates remained undisturbed. The Court held the Tribunal must address grounds including natural justice, reopening of assessment, time limits for reassessment, and additions relating to unexplained receipts, set aside the impugned remand order, allowed the appeals and directed the Tribunal to decide the appeal afresh on merits. Case-Laws Income Tax Mon, 15 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466444