https://www.taxtmi.com/caselaws?id=327065 The Tribunal ruled in favor of the assessee, upholding the CIT(A)'s decision to delete the addition of undisclosed net profit made by the AO. The Tribunal found that the assessee had rectified a genuine mistake in income declarations and that there was no justification for the addition. The judgment emphasized the importance of fair treatment in tax assessments and considered the evidence presented by the assessee in reaching its decision. en-us Tue, 22 Mar 2016 00:00:00 +0530 Sun, 01 May 2016 19:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327065 The Tribunal ruled in favor of the assessee, upholding the CIT(A)'s decision to delete the addition of undisclosed net profit made by the AO. The Tribunal found that the assessee had rectified a genuine mistake in income declarations and that there was no justification for the addition. The judgment emphasized the importance of fair treatment in tax assessments and considered the evidence presented by the assessee in reaching its decision. Case-Laws Income Tax Tue, 22 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327065