https://www.taxtmi.com/caselaws?id=253063 The Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision to delete an addition of Rs. 1,79,85,435 made by the Assessing Officer under Section 68 of the Income Tax Act. The matter was remitted back to the Assessing Officer for the assessee to provide corroborative evidence to support its claim. The Assessing Officer was directed to conduct further inquiries and allow the assessee a fair opportunity to substantiate its case. The appeal of the revenue was allowed for statistical purposes. en-us Wed, 22 Oct 2014 00:00:00 +0530 Thu, 13 Nov 2014 09:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253063 The Tribunal set aside the Commissioner of Income Tax (Appeals)'s decision to delete an addition of Rs. 1,79,85,435 made by the Assessing Officer under Section 68 of the Income Tax Act. The matter was remitted back to the Assessing Officer for the assessee to provide corroborative evidence to support its claim. The Assessing Officer was directed to conduct further inquiries and allow the assessee a fair opportunity to substantiate its case. The appeal of the revenue was allowed for statistical purposes. Case-Laws Income Tax Wed, 22 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253063