https://www.taxtmi.com/caselaws?id=241503 The High Court dismissed the appeal challenging orders passed by the Commissioner of Income Tax (Appeals) and the Appellate Tribunal, finding that the substantive addition made by the Assessing Officer was impermissible and lacked a solid basis under Section 145 of the Income Tax Act, 1961. The Court noted that the addition of over one crore rupees was unjustified and unsustainable, as previous decisions had deleted similar additions for the assessee. The Court concluded that the concurrent orders were based on proper assessment procedures and did not warrant interference, ultimately ruling that no substantial question of law required consideration. en-us Fri, 20 Dec 2013 00:00:00 +0530 Wed, 25 Dec 2013 06:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241503 The High Court dismissed the appeal challenging orders passed by the Commissioner of Income Tax (Appeals) and the Appellate Tribunal, finding that the substantive addition made by the Assessing Officer was impermissible and lacked a solid basis under Section 145 of the Income Tax Act, 1961. The Court noted that the addition of over one crore rupees was unjustified and unsustainable, as previous decisions had deleted similar additions for the assessee. The Court concluded that the concurrent orders were based on proper assessment procedures and did not warrant interference, ultimately ruling that no substantial question of law required consideration. Case-Laws Income Tax Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241503