1990 (10) TMI 98 - AT - Income Tax

Summary

The assessee lost the appeal before the AAC for not providing certain particulars initially, but later supplied them. The AAC rejected the claim for investment allowance citing non-receipt of details from the assessee. The Tribunal ruled that the assessee's claim cannot be rejected solely on this basis and directed the ITO to consider all particulars and evidence before making a decision. The appeal was allowed for statistical purposes.