https://www.taxtmi.com/caselaws?id=71689 The Tribunal held that additional tax under s. 143(1A) cannot be imposed when the total income remains the same after adjustments. Despite an increase in income declared, as the total income remained 'Nil,' the second condition for levying additional tax was not met. Therefore, the Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and canceling the additional tax imposed by the Assessing Officer. en-us Mon, 17 May 1999 00:00:00 +0530 Tue, 26 Apr 2011 16:15:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71689 The Tribunal held that additional tax under s. 143(1A) cannot be imposed when the total income remains the same after adjustments. Despite an increase in income declared, as the total income remained 'Nil,' the second condition for levying additional tax was not met. Therefore, the Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and canceling the additional tax imposed by the Assessing Officer. Case-Laws Income Tax Mon, 17 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71689