https://www.taxtmi.com/caselaws?id=237377 The High Court upheld the decisions of the lower authorities to delete additions made on alleged income, unaccounted expenses, and investments. It confirmed the deletion of additions based on findings related to maintenance of books of account, valuation reports, and exemption under Section 10 (23C) of the Income Tax Act. The Court emphasized that the doctrine of "res-judicata" is not typically applicable in tax matters and dismissed the Income Tax Appeal, finding no substantial question of law for consideration. en-us Thu, 29 Aug 2013 00:00:00 +0530 Thu, 26 Sep 2013 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237377 The High Court upheld the decisions of the lower authorities to delete additions made on alleged income, unaccounted expenses, and investments. It confirmed the deletion of additions based on findings related to maintenance of books of account, valuation reports, and exemption under Section 10 (23C) of the Income Tax Act. The Court emphasized that the doctrine of "res-judicata" is not typically applicable in tax matters and dismissed the Income Tax Appeal, finding no substantial question of law for consideration. Case-Laws Income Tax Thu, 29 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237377