SC remit the case to CIT(A) as Cash Flow Statement filed by assessee isn’t supported by relevant documents

SUPREME COURT OF INDIA M.K. Shanmugam Versus Commissioner of Income-tax S.H. Kapadia, CJI And A.K. Patnaik, J. Civil Appeal Nos. 6902-6903 of 2012 September 24, 2012 ORDER 1. Heard learned counsel on both sides. 2. Leave granted. 3. Having gone through the impugned judgement of the High Court in CIT v. M.K. Shanmugam [2011] 203 Taxman 136 , we find that the High Court has over-ruled the decisions of the Income Tax Appellate Tribunal and Commissioner of Income Tax (Appeals) [`CIT(A)’, for short] on factual aspects also; for example, the High Court has stated that cash flo...