https://www.taxtmi.com/caselaws?id=237543 The High Court dismissed the Department's appeal under Section 260A of the Income-Tax Act, upholding the Tribunal's order for the assessment year 1989-90. The Court emphasized the significance of factual findings by the Appellate Tribunal and supported the deletions of additions under Sections 28(iv) and 68 based on evidence and remand reports. It underscored the necessity of proper justification for making such additions, ultimately ruling in favor of the assessee and highlighting the importance of upholding the Tribunal's factual determinations. en-us Wed, 14 Aug 2013 00:00:00 +0530 Mon, 30 Sep 2013 09:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237543 The High Court dismissed the Department's appeal under Section 260A of the Income-Tax Act, upholding the Tribunal's order for the assessment year 1989-90. The Court emphasized the significance of factual findings by the Appellate Tribunal and supported the deletions of additions under Sections 28(iv) and 68 based on evidence and remand reports. It underscored the necessity of proper justification for making such additions, ultimately ruling in favor of the assessee and highlighting the importance of upholding the Tribunal's factual determinations. Case-Laws Income Tax Wed, 14 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237543