https://www.taxtmi.com/caselaws?id=348059 The Tribunal upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 33,57,951 due to the lack of evidence supporting the alleged bogus loss claimed by the assessee. The A.O. failed to provide substantial material or proof for the addition, leading the Tribunal to dismiss the Revenue's appeal as there was no basis to remand the matter for further inquiry. en-us Wed, 13 Sep 2017 00:00:00 +0530 Fri, 15 Sep 2017 07:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348059 The Tribunal upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 33,57,951 due to the lack of evidence supporting the alleged bogus loss claimed by the assessee. The A.O. failed to provide substantial material or proof for the addition, leading the Tribunal to dismiss the Revenue's appeal as there was no basis to remand the matter for further inquiry. Case-Laws Income Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348059