https://www.taxtmi.com/caselaws?id=212848 The High Court dismissed the Revenue's appeal under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal for the assessment year 1996-97. The case centered on the deletion of an addition of Rs. 17,74,625 made by the Assessing Officer due to alleged suppression of receipts. The Court upheld the decisions of the Commissioner of Income-tax (Appeals) and the Tribunal, finding no merit in challenging the deletion of the addition. The Court emphasized the lack of specific defects justifying the rejection of the books of account, leading to the dismissal of the appeal. en-us Mon, 30 May 2011 00:00:00 +0530 Mon, 16 Apr 2012 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212848 The High Court dismissed the Revenue's appeal under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal for the assessment year 1996-97. The case centered on the deletion of an addition of Rs. 17,74,625 made by the Assessing Officer due to alleged suppression of receipts. The Court upheld the decisions of the Commissioner of Income-tax (Appeals) and the Tribunal, finding no merit in challenging the deletion of the addition. The Court emphasized the lack of specific defects justifying the rejection of the books of account, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 30 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212848