https://www.taxtmi.com/caselaws?id=174150 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 1,69,83,383 made under section 69B, emphasizing that the Assessing Officer had erred in presuming the entire projected cost had been spent. Additionally, the Tribunal affirmed the deletion of the disallowance of Rs. 1,50,00,000 under section 69B, noting the AO's miscalculation and finding no basis for the significant addition. The Revenue's appeal was dismissed. en-us Wed, 25 Jul 2012 00:00:00 +0530 Thu, 01 Oct 2015 10:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174150 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 1,69,83,383 made under section 69B, emphasizing that the Assessing Officer had erred in presuming the entire projected cost had been spent. Additionally, the Tribunal affirmed the deletion of the disallowance of Rs. 1,50,00,000 under section 69B, noting the AO's miscalculation and finding no basis for the significant addition. The Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 25 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174150