https://www.taxtmi.com/caselaws?id=243668 The Revenue's appeal against the CIT(A)'s order for AY 2006-07, challenging relief granted under section 69B of the Income Tax Act, was dismissed by the Tribunal. The CIT(A) reduced the addition made by the AO, granting significant relief to the Assessee based on construction costs and DVO's report. Ground Nos. 2 and 3 were not individually addressed but factored into the decision. Ultimately, both the Revenue's appeal and the Assessee's cross-objection were dismissed, affirming the CIT(A)'s decision in favor of the Assessee. en-us Wed, 05 Feb 2014 00:00:00 +0530 Fri, 07 Feb 2014 13:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243668 The Revenue's appeal against the CIT(A)'s order for AY 2006-07, challenging relief granted under section 69B of the Income Tax Act, was dismissed by the Tribunal. The CIT(A) reduced the addition made by the AO, granting significant relief to the Assessee based on construction costs and DVO's report. Ground Nos. 2 and 3 were not individually addressed but factored into the decision. Ultimately, both the Revenue's appeal and the Assessee's cross-objection were dismissed, affirming the CIT(A)'s decision in favor of the Assessee. Case-Laws Income Tax Wed, 05 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243668