https://www.taxtmi.com/caselaws?id=264450 The High Court upheld the deletion of an addition of Rs. 55,000/- under Section 154 of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal. The Court found that the amount was encompassed within the Amnesty Scheme declarations for assessment years 1976-77 and 1977-78, and there was no error in the Tribunal's decision. The appeal by the revenue was dismissed, affirming the Tribunal's ruling and emphasizing consistency in approach. en-us Fri, 14 Aug 2015 00:00:00 +0530 Fri, 25 Sep 2015 07:32:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264450 The High Court upheld the deletion of an addition of Rs. 55,000/- under Section 154 of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal. The Court found that the amount was encompassed within the Amnesty Scheme declarations for assessment years 1976-77 and 1977-78, and there was no error in the Tribunal's decision. The appeal by the revenue was dismissed, affirming the Tribunal's ruling and emphasizing consistency in approach. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264450