https://www.taxtmi.com/caselaws?id=184207 The Appellate Tribunal ITAT Chennai upheld the addition of Rs. 15 lakhs made by the Assessing Officer, ruling that the assessee manipulated expenditure claims to offset the effect of additional income disclosed during a survey operation. The Tribunal emphasized the importance of scrutinizing expenditure genuineness and set aside the Commissioner's decision to delete the addition. The Revenue's appeal was allowed, and the assessment was directed to be revised accordingly. The order was pronounced on February 12, 2014, in Chennai. en-us Wed, 12 Feb 2014 00:00:00 +0530 Sat, 02 Jul 2016 11:08:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184207 The Appellate Tribunal ITAT Chennai upheld the addition of Rs. 15 lakhs made by the Assessing Officer, ruling that the assessee manipulated expenditure claims to offset the effect of additional income disclosed during a survey operation. The Tribunal emphasized the importance of scrutinizing expenditure genuineness and set aside the Commissioner's decision to delete the addition. The Revenue's appeal was allowed, and the assessment was directed to be revised accordingly. The order was pronounced on February 12, 2014, in Chennai. Case-Laws Income Tax Wed, 12 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184207