https://www.taxtmi.com/caselaws?id=243025 The Tribunal partly allowed the assessee's appeal for the assessment year (AY) 2005-06 and partly allowed the Revenue's appeal for the same AY. Additionally, the assessee's appeal for AY 2006-07 was partly allowed, while the Revenue's appeal for the same AY was dismissed. The Tribunal upheld the deletion of penalties under Section 271(1)(c) and additions made on account of capital introduced by partners, while restoring certain issues back to the CIT(A) for fresh adjudication. en-us Thu, 31 Oct 2013 00:00:00 +0530 Sat, 25 Jan 2014 15:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243025 The Tribunal partly allowed the assessee's appeal for the assessment year (AY) 2005-06 and partly allowed the Revenue's appeal for the same AY. Additionally, the assessee's appeal for AY 2006-07 was partly allowed, while the Revenue's appeal for the same AY was dismissed. The Tribunal upheld the deletion of penalties under Section 271(1)(c) and additions made on account of capital introduced by partners, while restoring certain issues back to the CIT(A) for fresh adjudication. Case-Laws Income Tax Thu, 31 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243025