https://www.taxtmi.com/caselaws?id=336594 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and the assessee's cross-objection. It concluded that the assessee's business activities were legitimate and substantiated by multiple reports and certificates from local authorities. The Tribunal found no reason to interfere with the CIT(A)'s order, which allowed the deduction under Section 80JJA and rejected the classification of income as unexplained cash credit under Section 68. The Tribunal also dismissed the ethical concerns raised by the AO as irrelevant to the tax proceedings. en-us Fri, 09 Sep 2016 00:00:00 +0530 Sat, 24 Dec 2016 07:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336594 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and the assessee's cross-objection. It concluded that the assessee's business activities were legitimate and substantiated by multiple reports and certificates from local authorities. The Tribunal found no reason to interfere with the CIT(A)'s order, which allowed the deduction under Section 80JJA and rejected the classification of income as unexplained cash credit under Section 68. The Tribunal also dismissed the ethical concerns raised by the AO as irrelevant to the tax proceedings. Case-Laws Income Tax Fri, 09 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336594