https://www.taxtmi.com/caselaws?id=203991 The Tribunal found that the Assessing Officer lacked justification to make additions without rejecting the book results or finding faults in the accounts. The Tribunal referred to a similar case and concluded that the CIT(A) rightly deleted the addition and that the enhancement made by the CIT(A) was arbitrary. Consequently, the Tribunal ordered the deletion of the additions made by the Assessing Officer and the CIT(A). As a result, the appeals by the assessee were partly allowed, while the appeals by the Revenue were dismissed. en-us Fri, 07 May 2010 00:00:00 +0530 Mon, 13 Aug 2012 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203991 The Tribunal found that the Assessing Officer lacked justification to make additions without rejecting the book results or finding faults in the accounts. The Tribunal referred to a similar case and concluded that the CIT(A) rightly deleted the addition and that the enhancement made by the CIT(A) was arbitrary. Consequently, the Tribunal ordered the deletion of the additions made by the Assessing Officer and the CIT(A). As a result, the appeals by the assessee were partly allowed, while the appeals by the Revenue were dismissed. Case-Laws Income Tax Fri, 07 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203991