https://www.taxtmi.com/caselaws?id=262307 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings and delete the addition under Section 68, emphasizing the importance of proper jurisdiction, due diligence, and verification by the AO. The appeal of the Revenue was dismissed. en-us Fri, 31 Jul 2015 00:00:00 +0530 Fri, 07 Aug 2015 06:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262307 The Tribunal upheld the CIT(A)'s decision to quash the reassessment proceedings and delete the addition under Section 68, emphasizing the importance of proper jurisdiction, due diligence, and verification by the AO. The appeal of the Revenue was dismissed. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262307