https://www.taxtmi.com/caselaws?id=360338 The High Court upheld the Tribunal's decision to dismiss the Revenue's appeals challenging the deletion of additions under Section 69A of the Income Tax Act. The Tribunal held that the closing cash in hand of the previous year serves as the opening cash in hand for the subsequent year, which the Revenue did not contest. The Court found no irregularity in the Tribunal's order, ruling in favor of the assessee and against the Revenue on the substantial question of law raised. en-us Mon, 05 Feb 2018 00:00:00 +0530 Tue, 15 May 2018 07:14:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360338 The High Court upheld the Tribunal's decision to dismiss the Revenue's appeals challenging the deletion of additions under Section 69A of the Income Tax Act. The Tribunal held that the closing cash in hand of the previous year serves as the opening cash in hand for the subsequent year, which the Revenue did not contest. The Court found no irregularity in the Tribunal's order, ruling in favor of the assessee and against the Revenue on the substantial question of law raised. Case-Laws Income Tax Mon, 05 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360338