https://www.taxtmi.com/caselaws?id=216630 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision that the proceedings under Section 158BD were invalid due to inordinate delay. As a result, the addition of Rs. 5,06,000 made by the AO was deleted. The assessee's cross-objection, in support of the CIT(A)'s order, was also dismissed. en-us Fri, 06 Jul 2012 00:00:00 +0530 Thu, 13 Sep 2012 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216630 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision that the proceedings under Section 158BD were invalid due to inordinate delay. As a result, the addition of Rs. 5,06,000 made by the AO was deleted. The assessee's cross-objection, in support of the CIT(A)'s order, was also dismissed. Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216630