https://www.taxtmi.com/caselaws?id=123059 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 80,731 made by the Assessing Officer under section 154 of the Income-tax Act. The Tribunal emphasized that the Assessing Officer did not have the authority to make adjustments to the return income under section 143(1) during the relevant assessment year. It further clarified that what cannot be done directly under section 143(1) cannot be achieved indirectly through section 154. The Tribunal dismissed the revenue's appeal, stressing the significance of adhering to statutory provisions and legal principles in tax matters. en-us Fri, 25 Sep 2009 00:00:00 +0530 Sat, 01 Sep 2012 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123059 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 80,731 made by the Assessing Officer under section 154 of the Income-tax Act. The Tribunal emphasized that the Assessing Officer did not have the authority to make adjustments to the return income under section 143(1) during the relevant assessment year. It further clarified that what cannot be done directly under section 143(1) cannot be achieved indirectly through section 154. The Tribunal dismissed the revenue's appeal, stressing the significance of adhering to statutory provisions and legal principles in tax matters. Case-Laws Income Tax Fri, 25 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123059