https://www.taxtmi.com/caselaws?id=342622 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s orders on all issues. The additions made by the AO were found to be unjustified, based on incorrect assumptions, and without proper verification of facts. The Tribunal emphasized the importance of following proper accounting standards and procedures in making assessments. en-us Fri, 05 May 2017 00:00:00 +0530 Tue, 09 May 2017 07:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342622 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s orders on all issues. The additions made by the AO were found to be unjustified, based on incorrect assumptions, and without proper verification of facts. The Tribunal emphasized the importance of following proper accounting standards and procedures in making assessments. Case-Laws Income Tax Fri, 05 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342622