https://www.taxtmi.com/caselaws?id=200630 The Tribunal dismissed all five appeals of the Revenue, confirming the orders of the Commissioner of Income Tax (Appeals) (CIT(A)) and rejecting the grounds of the Revenue in these appeals. The Tribunal found no infirmity in the CIT(A)'s orders, noting discrepancies and contradictions in the facts and statements recorded. It upheld the CIT(A)'s decision to delete the additions made under Section 68 and Section 69C, emphasizing the lack of full material and direct evidence to support the adverse inferences drawn by the Assessing Officer. en-us Mon, 10 Jan 2005 00:00:00 +0530 Mon, 09 Apr 2018 10:25:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200630 The Tribunal dismissed all five appeals of the Revenue, confirming the orders of the Commissioner of Income Tax (Appeals) (CIT(A)) and rejecting the grounds of the Revenue in these appeals. The Tribunal found no infirmity in the CIT(A)'s orders, noting discrepancies and contradictions in the facts and statements recorded. It upheld the CIT(A)'s decision to delete the additions made under Section 68 and Section 69C, emphasizing the lack of full material and direct evidence to support the adverse inferences drawn by the Assessing Officer. Case-Laws Income Tax Mon, 10 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200630