https://www.taxtmi.com/caselaws?id=214205 The Tribunal upheld the reduction of addition on account of payment of salaries, deletion of additions on account of manufacturing, salary, and wages, and rejection of books of accounts. The block assessment order was deemed time-barred, rendering it invalid. Disallowance of salary expenses and trading addition was sustained. Interest charged under section 158BFA(1) was invalidated due to the time-barred assessment. The assessee's request to furnish additional grounds of appeal became irrelevant. The Tribunal dismissed the revenue's appeal, allowed the assessee's cross-objections, and pronounced the order on 11/06/2012. en-us Mon, 11 Jun 2012 00:00:00 +0530 Thu, 23 May 2013 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214205 The Tribunal upheld the reduction of addition on account of payment of salaries, deletion of additions on account of manufacturing, salary, and wages, and rejection of books of accounts. The block assessment order was deemed time-barred, rendering it invalid. Disallowance of salary expenses and trading addition was sustained. Interest charged under section 158BFA(1) was invalidated due to the time-barred assessment. The assessee's request to furnish additional grounds of appeal became irrelevant. The Tribunal dismissed the revenue's appeal, allowed the assessee's cross-objections, and pronounced the order on 11/06/2012. Case-Laws Income Tax Mon, 11 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214205