https://www.taxtmi.com/caselaws?id=239500 The Tribunal dismissed the Department's appeal regarding the deletion of additions and disallowance in the case. It upheld the CIT (A)'s decisions to delete the additions related to unexplained gift and loan received by the assessee, as well as the disallowance under section 24(b) of the Income Tax Act. The Tribunal emphasized the requirement of incriminating material for making additions under section 153A, leading to the rejection of the Department's entire appeal. en-us Thu, 07 Nov 2013 00:00:00 +0530 Fri, 15 Nov 2013 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239500 The Tribunal dismissed the Department's appeal regarding the deletion of additions and disallowance in the case. It upheld the CIT (A)'s decisions to delete the additions related to unexplained gift and loan received by the assessee, as well as the disallowance under section 24(b) of the Income Tax Act. The Tribunal emphasized the requirement of incriminating material for making additions under section 153A, leading to the rejection of the Department's entire appeal. Case-Laws Income Tax Thu, 07 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239500