https://www.taxtmi.com/caselaws?id=328399 The High Court of Andhra Pradesh dismissed the appeal against the Income Tax Appellate Tribunal's order regarding the addition under 'Income from House Property' and disallowance of loss on the sale of fixed assets. The Tribunal's decision was upheld as it found no evidence of income concealment or inaccurate particulars, determining the addition was due to an arithmetical mistake and not deliberate tax evasion. The High Court ruled that no substantial question of law merited interference under Section 260A of the Income Tax Act, leading to the dismissal of the appeal without costs. en-us Mon, 02 Nov 2015 00:00:00 +0530 Fri, 03 Jun 2016 12:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328399 The High Court of Andhra Pradesh dismissed the appeal against the Income Tax Appellate Tribunal's order regarding the addition under 'Income from House Property' and disallowance of loss on the sale of fixed assets. The Tribunal's decision was upheld as it found no evidence of income concealment or inaccurate particulars, determining the addition was due to an arithmetical mistake and not deliberate tax evasion. The High Court ruled that no substantial question of law merited interference under Section 260A of the Income Tax Act, leading to the dismissal of the appeal without costs. Case-Laws Income Tax Mon, 02 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328399