https://www.taxtmi.com/caselaws?id=234393 The Tribunal allowed the appeals filed by the assessee for Assessment Years 2006-07, 2007-08, and 2008-09, and dismissed the appeal filed by the Revenue for Assessment Year 2008-09. The Tribunal concluded that the Assessing Officer wrongly invoked section 13 of the Act and withdrew the benefits of sections 11 and 12 based on presumptions rather than evidence. The Tribunal emphasized the need for the Revenue to provide cogent material evidence to establish violations of section 13. en-us Fri, 22 Mar 2013 00:00:00 +0530 Fri, 24 Apr 2015 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234393 The Tribunal allowed the appeals filed by the assessee for Assessment Years 2006-07, 2007-08, and 2008-09, and dismissed the appeal filed by the Revenue for Assessment Year 2008-09. The Tribunal concluded that the Assessing Officer wrongly invoked section 13 of the Act and withdrew the benefits of sections 11 and 12 based on presumptions rather than evidence. The Tribunal emphasized the need for the Revenue to provide cogent material evidence to establish violations of section 13. Case-Laws Income Tax Fri, 22 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234393