https://www.taxtmi.com/caselaws?id=57465 The Tribunal found the revisional order of the Commissioner of Income-tax (CIT) valid based on the binding judgment in Khoday Eswarsa & Sons. However, considering the subsequent judgment in Mangalore Ganesh Beedi Works, the matter was remanded to the CIT for fresh adjudication. The assessee was granted the opportunity to present evidence regarding the sources of funds. The appeals were allowed for statistical purposes, and the CIT's revisional order was set aside for reevaluation after considering the additional evidence provided by the assessee. en-us Thu, 07 Jan 1993 00:00:00 +0530 Fri, 10 Dec 2010 12:52:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57465 The Tribunal found the revisional order of the Commissioner of Income-tax (CIT) valid based on the binding judgment in Khoday Eswarsa & Sons. However, considering the subsequent judgment in Mangalore Ganesh Beedi Works, the matter was remanded to the CIT for fresh adjudication. The assessee was granted the opportunity to present evidence regarding the sources of funds. The appeals were allowed for statistical purposes, and the CIT's revisional order was set aside for reevaluation after considering the additional evidence provided by the assessee. Case-Laws Income Tax Thu, 07 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57465