https://www.taxtmi.com/caselaws?id=338846 The delayed appeal by Revenue was admitted after condonation of a 2-day delay. The deletion of the addition of Rs. 3,00,00,000 by the AO was upheld by the CIT(Appeals) due to the lack of approval from SKODA Auto India Pvt. Ltd., rendering the agreement non-enforceable. The Tribunal affirmed the non-fulfillment of the agreement, leading to the dismissal of Revenue's appeal. Consequently, both Revenue's appeal and the assessee's cross-objection were dismissed. en-us Fri, 03 Feb 2017 00:00:00 +0530 Mon, 13 Feb 2017 10:04:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338846 The delayed appeal by Revenue was admitted after condonation of a 2-day delay. The deletion of the addition of Rs. 3,00,00,000 by the AO was upheld by the CIT(Appeals) due to the lack of approval from SKODA Auto India Pvt. Ltd., rendering the agreement non-enforceable. The Tribunal affirmed the non-fulfillment of the agreement, leading to the dismissal of Revenue's appeal. Consequently, both Revenue's appeal and the assessee's cross-objection were dismissed. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338846