https://www.taxtmi.com/caselaws?id=351795 The Income Tax Appellate Tribunal (ITAT) rejected the Revenue's appeal due to the tax effect being below the prescribed amount. The case involved additions under Section 68 of the Income Tax Act based on information from the Enforcement Directorate. The Assessee, a non-resident, received remittances from a specific entity. Despite discrepancies in assessment proceedings and the earlier reassessment order, the Court found no significant legal issue and dismissed the appeal. Similar assessments for other individuals were remitted for reconsideration. en-us Mon, 27 Nov 2017 00:00:00 +0530 Fri, 01 Dec 2017 08:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351795 The Income Tax Appellate Tribunal (ITAT) rejected the Revenue's appeal due to the tax effect being below the prescribed amount. The case involved additions under Section 68 of the Income Tax Act based on information from the Enforcement Directorate. The Assessee, a non-resident, received remittances from a specific entity. Despite discrepancies in assessment proceedings and the earlier reassessment order, the Court found no significant legal issue and dismissed the appeal. Similar assessments for other individuals were remitted for reconsideration. Case-Laws Income Tax Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351795