https://www.taxtmi.com/caselaws?id=198107 The Tribunal allowed the assessee's appeals for assessment years 2007-08 and 2008-09, directing deletions and reconsiderations of certain additions and disallowances. The Revenue's appeal for the assessment year 2008-09 was dismissed. The decisions highlighted the importance of specific defects in books of accounts and the applicability of the second proviso to section 40(a)(ia) of the Income Tax Act. en-us Mon, 29 Feb 2016 00:00:00 +0530 Tue, 23 Jan 2018 12:15:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198107 The Tribunal allowed the assessee's appeals for assessment years 2007-08 and 2008-09, directing deletions and reconsiderations of certain additions and disallowances. The Revenue's appeal for the assessment year 2008-09 was dismissed. The decisions highlighted the importance of specific defects in books of accounts and the applicability of the second proviso to section 40(a)(ia) of the Income Tax Act. Case-Laws Income Tax Mon, 29 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198107