https://www.taxtmi.com/caselaws?id=179383 The Tribunal dismissed the revenue's appeal against the deletion of additions to the assessee's income for AY 2007-08. The Assessing Officer had added unexplained credits as income under section 68 of the Income Tax Act, but the Ld. CIT(A) allowed additional evidence and deleted the additions under Rule 46A(4). The revenue contended that this breached Rule 46A and deprived the Assessing Officer of an opportunity. However, the Tribunal found no merit in the appeal, emphasizing the Assessing Officer's failure to gather material to counter the assessee's evidence. en-us Fri, 28 Sep 2012 00:00:00 +0530 Mon, 29 Feb 2016 10:21:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179383 The Tribunal dismissed the revenue's appeal against the deletion of additions to the assessee's income for AY 2007-08. The Assessing Officer had added unexplained credits as income under section 68 of the Income Tax Act, but the Ld. CIT(A) allowed additional evidence and deleted the additions under Rule 46A(4). The revenue contended that this breached Rule 46A and deprived the Assessing Officer of an opportunity. However, the Tribunal found no merit in the appeal, emphasizing the Assessing Officer's failure to gather material to counter the assessee's evidence. Case-Laws Income Tax Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179383