High Court Overturns ITAT Decision, Permits Additional Evidence Under Rule 29 for Comprehensive Case Evaluation

HC allowed the appeal, setting aside ITAT's order rejecting additional evidence under Rule 29. The court found ITAT erroneously rejected crucial documents (cash book and cash flow statement) without specifically recording why such evidence was unnecessary for proper adjudication. The HC determined the documents were vital for limited scrutiny assessment and essential for just disposal of the appeal. Consequently, the application for additional evidence was permitted, and the previous appellate order was set aside, restoring the applicant's right to present comprehensive documentary evidence. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X