https://www.taxtmi.com/caselaws?id=271193 The ITAT upheld the CIT(A) orders for Assessment Years 2006-07 and 2007-08, dismissing Revenue's appeals. The CIT(A) deleted the addition and rejected the rejection of book results due to lack of substantiated evidence and proper application of legal provisions. The ITAT found no grounds to interfere with the CIT(A)'s decisions, emphasizing the importance of maintaining accounting standards. en-us Tue, 08 Dec 2015 00:00:00 +0530 Fri, 29 Jan 2016 01:04:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271193 The ITAT upheld the CIT(A) orders for Assessment Years 2006-07 and 2007-08, dismissing Revenue's appeals. The CIT(A) deleted the addition and rejected the rejection of book results due to lack of substantiated evidence and proper application of legal provisions. The ITAT found no grounds to interfere with the CIT(A)'s decisions, emphasizing the importance of maintaining accounting standards. Case-Laws Income Tax Tue, 08 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271193