https://www.taxtmi.com/caselaws?id=234329 The Tribunal dismissed the Department's appeal against the deletion of an addition under section 40A(3), holding that when profit is estimated under section 145(3), no separate addition under section 40A(3) is warranted. The Tribunal also dismissed the cross-objection raised by the assessee, as the authorized representative withdrew the grounds during the hearing. Consequently, both the Department's appeal and the assessee's cross-objection were dismissed by the Tribunal in its order dated January 23, 2013. en-us Wed, 23 Jan 2013 00:00:00 +0530 Fri, 09 Dec 2016 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234329 The Tribunal dismissed the Department's appeal against the deletion of an addition under section 40A(3), holding that when profit is estimated under section 145(3), no separate addition under section 40A(3) is warranted. The Tribunal also dismissed the cross-objection raised by the assessee, as the authorized representative withdrew the grounds during the hearing. Consequently, both the Department's appeal and the assessee's cross-objection were dismissed by the Tribunal in its order dated January 23, 2013. Case-Laws Income Tax Wed, 23 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234329