https://www.taxtmi.com/caselaws?id=254216 The appeals challenging the validity of proceedings initiated under Section 147 of the Income Tax Act were allowed, resulting in the assessment orders passed under Section 143(3) read with Section 147 being quashed. However, the appeals regarding the legitimacy of additions made by the Assessing Officer, treatment of agricultural income and lease rental income, allowability of various expenses and depreciation, and verification of fresh evidence during appellate proceedings were dismissed, upholding the decisions of the CIT(A) and the AO. en-us Fri, 12 Dec 2014 00:00:00 +0530 Tue, 16 Dec 2014 06:29:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254216 The appeals challenging the validity of proceedings initiated under Section 147 of the Income Tax Act were allowed, resulting in the assessment orders passed under Section 143(3) read with Section 147 being quashed. However, the appeals regarding the legitimacy of additions made by the Assessing Officer, treatment of agricultural income and lease rental income, allowability of various expenses and depreciation, and verification of fresh evidence during appellate proceedings were dismissed, upholding the decisions of the CIT(A) and the AO. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254216