https://www.taxtmi.com/caselaws?id=188284 The Tribunal ruled in favor of the appellant, quashing the re-assessment order and directing the deletion of the addition made under section 68 of the Income Tax Act. The decision was based on the Assessing Officer's failure to independently apply their mind and consider the evidence provided by the appellant, highlighting violations of natural justice principles. The Tribunal's judgment was grounded in a comprehensive analysis of the facts and legal arguments presented, ultimately resulting in the appellant's successful appeal. en-us Fri, 30 Oct 2015 00:00:00 +0530 Thu, 24 Nov 2016 12:28:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188284 The Tribunal ruled in favor of the appellant, quashing the re-assessment order and directing the deletion of the addition made under section 68 of the Income Tax Act. The decision was based on the Assessing Officer's failure to independently apply their mind and consider the evidence provided by the appellant, highlighting violations of natural justice principles. The Tribunal's judgment was grounded in a comprehensive analysis of the facts and legal arguments presented, ultimately resulting in the appellant's successful appeal. Case-Laws Income Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188284