https://www.taxtmi.com/caselaws?id=56660 The Tribunal upheld the decision of the CIT (Appeals) to partially set aside the assessment and direct a reevaluation of specific aspects in accordance with section 251(1)(a) of the Income Tax Act. The revenue's appeal was dismissed as the Tribunal found that the CIT (Appeals) had not erred in law by partially setting aside the assessment, emphasizing the authority to issue directions for a fresh assessment on specific items requiring further investigation. The decision was aligned with principles of justice and reasonableness, as highlighted in a previous judgment by the High Court. en-us Mon, 16 Nov 1987 00:00:00 +0530 Mon, 06 Dec 2010 11:39:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56660 The Tribunal upheld the decision of the CIT (Appeals) to partially set aside the assessment and direct a reevaluation of specific aspects in accordance with section 251(1)(a) of the Income Tax Act. The revenue's appeal was dismissed as the Tribunal found that the CIT (Appeals) had not erred in law by partially setting aside the assessment, emphasizing the authority to issue directions for a fresh assessment on specific items requiring further investigation. The decision was aligned with principles of justice and reasonableness, as highlighted in a previous judgment by the High Court. Case-Laws Income Tax Mon, 16 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56660