https://www.taxtmi.com/caselaws?id=344178 The Tribunal allowed the appeal, ruling that since the foundational addition of Rs. 22.57 lakh was deleted and finalized, the CIT(A) could not add the additional Rs. 2.36 lakh. The reassessment proceedings initiated by the AO were deemed invalid as the primary reason for reassessment was no longer valid. Therefore, the enhancement by the CIT(A) was unsustainable, leading to the deletion of the added amount. The decision was pronounced on 07th June 2017. en-us Wed, 07 Jun 2017 00:00:00 +0530 Sat, 10 Jun 2017 05:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344178 The Tribunal allowed the appeal, ruling that since the foundational addition of Rs. 22.57 lakh was deleted and finalized, the CIT(A) could not add the additional Rs. 2.36 lakh. The reassessment proceedings initiated by the AO were deemed invalid as the primary reason for reassessment was no longer valid. Therefore, the enhancement by the CIT(A) was unsustainable, leading to the deletion of the added amount. The decision was pronounced on 07th June 2017. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344178