https://www.taxtmi.com/caselaws?id=244432 The ITAT ruled in favor of the Assessee on the issues of additions under section 69 of the IT Act and interest levied under sections 234B and 234C. The jurisdictional issue regarding the A.O.'s authority under section 153C was remitted back to the CIT(A) for reconsideration. The ITAT allowed all appeals of the Assessee for statistical purposes, indicating a favorable outcome in terms of the additions and interest levied. en-us Fri, 14 Feb 2014 00:00:00 +0530 Wed, 26 Feb 2014 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244432 The ITAT ruled in favor of the Assessee on the issues of additions under section 69 of the IT Act and interest levied under sections 234B and 234C. The jurisdictional issue regarding the A.O.'s authority under section 153C was remitted back to the CIT(A) for reconsideration. The ITAT allowed all appeals of the Assessee for statistical purposes, indicating a favorable outcome in terms of the additions and interest levied. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244432