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2014 (10) TMI 531 - HC - Income TaxViolation of principles of natural justice - Documents and data not properly examines - Advertisement expenses u/s 37 - Whether the Tribunal misdirected itself in law as well as on facts in upholding the order passed by the CIT u/s 263 of the Act whereby the latter had reversed the order of the AO allowing deduction u/s 37 of the Act in respect of advertisement expenses Held that:- As decided in M/s Kranti Associates Pvt. Ltd. and another v. Sh. Masood Ahmed Khan and others [2010 (9) TMI 886 - SUPREME COURT OF INDIA] - the documents and the data produced by the assessee have not been taken into consideration - the order does not satisfy the requirements as enunciated by the Apex Court thus, the order of the Tribunal is passed in violation of the principles of natural justice the matter is to be remitted back to the Tribunal for fresh decision Decided in favour of asseessee.
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