https://www.taxtmi.com/caselaws?id=342323 The Tribunal upheld the assessment orders completed under section 153A, disallowed land development expenses were sent back to the AO for re-examination, disallowance of brokerage and commission expenses partially upheld, ad-hoc addition to net profit deleted, procedural issues regarding additional evidence referred back to AO, and interest liability and penalty proceedings were upheld. The Tribunal stressed the need for complete details and evidence from the assessee and emphasized procedural compliance for admitting additional evidence under Rule 46A. en-us Fri, 28 Apr 2017 00:00:00 +0530 Tue, 02 May 2017 09:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342323 The Tribunal upheld the assessment orders completed under section 153A, disallowed land development expenses were sent back to the AO for re-examination, disallowance of brokerage and commission expenses partially upheld, ad-hoc addition to net profit deleted, procedural issues regarding additional evidence referred back to AO, and interest liability and penalty proceedings were upheld. The Tribunal stressed the need for complete details and evidence from the assessee and emphasized procedural compliance for admitting additional evidence under Rule 46A. Case-Laws Income Tax Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342323