https://www.taxtmi.com/caselaws?id=55577 The appeals by Revenue against CIT(A) orders for the assessment year 1992-93, involving benami investments and FERA violations, were disposed of by a single order due to identical facts. The AO's assessment, based on CIT(A) directions, was challenged by the Revenue, citing the lack of consideration of all relevant facts. The Tribunal identified deficiencies in fact examination by both the AO and CIT(A), emphasizing the need for a thorough review. Consequently, the case was remanded to the AO for a fresh decision after addressing the shortcomings, with all appeals treated as allowed for statistical purposes. en-us Fri, 28 May 2004 00:00:00 +0530 Sat, 27 Nov 2010 17:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55577 The appeals by Revenue against CIT(A) orders for the assessment year 1992-93, involving benami investments and FERA violations, were disposed of by a single order due to identical facts. The AO's assessment, based on CIT(A) directions, was challenged by the Revenue, citing the lack of consideration of all relevant facts. The Tribunal identified deficiencies in fact examination by both the AO and CIT(A), emphasizing the need for a thorough review. Consequently, the case was remanded to the AO for a fresh decision after addressing the shortcomings, with all appeals treated as allowed for statistical purposes. Case-Laws Income Tax Fri, 28 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55577