https://www.taxtmi.com/caselaws?id=189289 The Tribunal dismissed the revenue's appeal regarding the deletion of additions made under sections 41(1)(a), 69C, and 40a(ia) of the Income Tax Act. The CIT(A) deleted the addition under section 41(1)(a) as there was no cassation or remission of liability. The Tribunal also ruled against the additions under sections 69C and 40a(ia), emphasizing that no further addition could be made after estimating income and rejecting the books of account. The Tribunal's decision was based on established legal principles and precedents, ultimately leading to the dismissal of the revenue's appeal on 2nd May 2012. en-us Wed, 02 May 2012 00:00:00 +0530 Fri, 06 Jan 2017 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189289 The Tribunal dismissed the revenue's appeal regarding the deletion of additions made under sections 41(1)(a), 69C, and 40a(ia) of the Income Tax Act. The CIT(A) deleted the addition under section 41(1)(a) as there was no cassation or remission of liability. The Tribunal also ruled against the additions under sections 69C and 40a(ia), emphasizing that no further addition could be made after estimating income and rejecting the books of account. The Tribunal's decision was based on established legal principles and precedents, ultimately leading to the dismissal of the revenue's appeal on 2nd May 2012. Case-Laws Income Tax Wed, 02 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189289