https://www.taxtmi.com/caselaws?id=58513 The Tribunal set aside the lower authorities' orders and remanded the matter to the Assessing Officer for further investigation. The Assessing Officer was instructed to summon shareholders or obtain additional evidence to support any additions, emphasizing the need for concrete findings rather than assumptions. The appeal was deemed allowed for statistical purposes. en-us Fri, 23 Nov 1990 00:00:00 +0530 Mon, 20 Dec 2010 13:12:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58513 The Tribunal set aside the lower authorities' orders and remanded the matter to the Assessing Officer for further investigation. The Assessing Officer was instructed to summon shareholders or obtain additional evidence to support any additions, emphasizing the need for concrete findings rather than assumptions. The appeal was deemed allowed for statistical purposes. Case-Laws Income Tax Fri, 23 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58513