https://www.taxtmi.com/caselaws?id=177277 The Tribunal ruled in favor of the assessee, deleting the levy of additional tax under section 143(1A) of the Income Tax Act related to cash compensatory support being included as income. The judgment emphasized the retrospective nature of the amendment and the assessee's compliance with the law prevailing at the time of filing the return. The Tribunal highlighted limitations on the Assessing Officer's power to make adjustments under section 143(1)(a) and referenced relevant case law to support its decision, ultimately allowing the appeal and relieving the assessee of the additional tax burden. en-us Tue, 30 Sep 1997 00:00:00 +0530 Wed, 06 Jan 2016 12:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177277 The Tribunal ruled in favor of the assessee, deleting the levy of additional tax under section 143(1A) of the Income Tax Act related to cash compensatory support being included as income. The judgment emphasized the retrospective nature of the amendment and the assessee's compliance with the law prevailing at the time of filing the return. The Tribunal highlighted limitations on the Assessing Officer's power to make adjustments under section 143(1)(a) and referenced relevant case law to support its decision, ultimately allowing the appeal and relieving the assessee of the additional tax burden. Case-Laws Income Tax Tue, 30 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177277