https://www.taxtmi.com/caselaws?id=214415 The tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 41,01,614/- to the total income, dismissing the Revenue's appeals. It found that the supplementary lease deed's amendment clause was based on hypothetical future events and that no actual benefit accrued to the lessor during the assessment year. The tribunal also confirmed that the acceptance of the supplementary lease deed without examining witness signatures was justified, as there was no dispute requiring witness verification. Additionally, it ruled that the lease deeds did not confer benefits upon related parties under section 13(3) of the IT Act during the relevant assessment years. en-us Fri, 08 Jun 2012 00:00:00 +0530 Fri, 29 Jun 2012 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214415 The tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 41,01,614/- to the total income, dismissing the Revenue's appeals. It found that the supplementary lease deed's amendment clause was based on hypothetical future events and that no actual benefit accrued to the lessor during the assessment year. The tribunal also confirmed that the acceptance of the supplementary lease deed without examining witness signatures was justified, as there was no dispute requiring witness verification. Additionally, it ruled that the lease deeds did not confer benefits upon related parties under section 13(3) of the IT Act during the relevant assessment years. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214415