https://www.taxtmi.com/caselaws?id=196956 The High Court dismissed the Revenue's appeal against the ITAT order for Assessment Year 2005-2006, which challenged the addition under Section 68 of the Income Tax Act. The Court upheld the Assessee's contentions based on the interpretation of incriminating material and reliance on the Commissioner of Income Tax (Central)-III v. Kabul Chawla judgment. The Court declined to frame any new question of law, ultimately dismissing the appeal and affirming the ITAT order. en-us Wed, 09 Mar 2016 00:00:00 +0530 Tue, 19 Dec 2017 23:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196956 The High Court dismissed the Revenue's appeal against the ITAT order for Assessment Year 2005-2006, which challenged the addition under Section 68 of the Income Tax Act. The Court upheld the Assessee's contentions based on the interpretation of incriminating material and reliance on the Commissioner of Income Tax (Central)-III v. Kabul Chawla judgment. The Court declined to frame any new question of law, ultimately dismissing the appeal and affirming the ITAT order. Case-Laws Income Tax Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196956