https://www.taxtmi.com/caselaws?id=264631 The Tribunal dismissed the Revenue's appeal regarding the deletion of the addition under Section 68 of the Income Tax Act and upheld the CIT(A)'s decision. It also dismissed the assessee's cross-objection challenging the validity of the reassessment proceedings under Section 147, affirming the CIT(A)'s order. The Tribunal's decision was based on a thorough examination of documentary evidence, judicial precedents, and the AO's adherence to procedural requirements. en-us Fri, 04 Sep 2015 00:00:00 +0530 Tue, 29 Sep 2015 08:22:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264631 The Tribunal dismissed the Revenue's appeal regarding the deletion of the addition under Section 68 of the Income Tax Act and upheld the CIT(A)'s decision. It also dismissed the assessee's cross-objection challenging the validity of the reassessment proceedings under Section 147, affirming the CIT(A)'s order. The Tribunal's decision was based on a thorough examination of documentary evidence, judicial precedents, and the AO's adherence to procedural requirements. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264631