INCOME TAX : Where assessee, both before Tribunal and Commissioner(Appeals) could not reconcile discrepancy in value of contract as value of sub-contract work was higher than value of work awarded to assessee and for first time, attempted to do so before Tribunal, Tribunal, should have called for a remand report from Assessing Officer based on documents presented by assessee before Tribunal for first time or remanded matter to Assessing Officer for a fresh considerationINCOME TAX : Where assessee, both before Tribunal and Commissioner(Appeals) could not reconcile discrepancy in value of contract as value of sub-contract work was higher than value of work awarded to assessee and for first time, attempted to do so before Tribunal, Tribunal, should have called for a remand report from Assessing Officer based on documents presented by assessee before Tribunal for first time or remanded matter to Assessing Officer for a fresh considerationwww.taxmann.com Latest Case LawsRead More
