https://www.taxtmi.com/caselaws?id=200450 The appeal against the Income Tax Appellate Tribunal's order for the Assessment Year 2004-05 was dismissed. The Tribunal's findings of no income suppression, upheld by the Commissioner, were based on the assessee's well-maintained accounts. The addition of unexplained share capital and premium was disallowed, citing precedent. Disallowances made by the Assessing Officer were deleted, with no defects found to invoke relevant tax provisions. The Tribunal's decision was upheld due to the absence of substantial legal questions, leading to the dismissal of the appeal. en-us Thu, 04 Apr 2013 00:00:00 +0530 Thu, 29 Mar 2018 10:02:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200450 The appeal against the Income Tax Appellate Tribunal's order for the Assessment Year 2004-05 was dismissed. The Tribunal's findings of no income suppression, upheld by the Commissioner, were based on the assessee's well-maintained accounts. The addition of unexplained share capital and premium was disallowed, citing precedent. Disallowances made by the Assessing Officer were deleted, with no defects found to invoke relevant tax provisions. The Tribunal's decision was upheld due to the absence of substantial legal questions, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 04 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200450