https://www.taxtmi.com/caselaws?id=234572 The tribunal upheld the AO's addition of Rs.2.00 lakhs to the professional income for the assessment year 2006-07, overturning the Ld CIT(A)'s deletion due to lack of proper books of account. The tribunal also directed re-examination of Rs.4.00 lakhs cash credit from the spouse and Rs.10.00 lakhs from Priya Health Care, as neither the AO nor the Ld CIT(A) properly examined these additions. Additionally, the tribunal upheld the AO's addition of Rs.1,53,165/- from the sale of furniture, set aside the Ld CIT(A)'s deletion, and restored the AO's order on the disallowance under Section 80C(5)(iii) for the same assessment year. For the assessment year 2007-08, the tribunal directed re-examination of the Rs.5.00 lakhs contribution from the assessee's father and wife, setting aside the Ld CIT(A)'s deletion. en-us Fri, 07 Jun 2013 00:00:00 +0530 Tue, 18 Jun 2013 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234572 The tribunal upheld the AO's addition of Rs.2.00 lakhs to the professional income for the assessment year 2006-07, overturning the Ld CIT(A)'s deletion due to lack of proper books of account. The tribunal also directed re-examination of Rs.4.00 lakhs cash credit from the spouse and Rs.10.00 lakhs from Priya Health Care, as neither the AO nor the Ld CIT(A) properly examined these additions. Additionally, the tribunal upheld the AO's addition of Rs.1,53,165/- from the sale of furniture, set aside the Ld CIT(A)'s deletion, and restored the AO's order on the disallowance under Section 80C(5)(iii) for the same assessment year. For the assessment year 2007-08, the tribunal directed re-examination of the Rs.5.00 lakhs contribution from the assessee's father and wife, setting aside the Ld CIT(A)'s deletion. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234572