https://www.taxtmi.com/caselaws?id=203070 The High Court upheld the Tribunal's decision in an appeal by the Income-tax Department concerning additions in fixed assets for the assessment year 1997-98. The Court found that the Tribunal's factual findings regarding the machinery in the premises and recorded in audited accounts justified the deletion of the added amount. The Court held that the appeal lacked merit and dismissed it, affirming the Tribunal's decision based on the factual basis for the additions in fixed assets. en-us Thu, 27 Jan 2011 00:00:00 +0530 Mon, 05 Sep 2011 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203070 The High Court upheld the Tribunal's decision in an appeal by the Income-tax Department concerning additions in fixed assets for the assessment year 1997-98. The Court found that the Tribunal's factual findings regarding the machinery in the premises and recorded in audited accounts justified the deletion of the added amount. The Court held that the appeal lacked merit and dismissed it, affirming the Tribunal's decision based on the factual basis for the additions in fixed assets. Case-Laws Income Tax Thu, 27 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203070