https://www.taxtmi.com/caselaws?id=13115 The High Court upheld the Tribunal's decision to delete the addition of income by the Assessing Officer to a partnership firm's taxable income for the assessment year 1991-92. The Court found that the partners had agricultural income, which was properly reflected in the firm's accounts, and the addition made by the Assessing Officer was unjustified. The Court distinguished the case relied upon by the Revenue, emphasizing that the Tribunal's factual findings were valid. The appeal by the Revenue was dismissed, with no costs awarded, as no substantial legal question was found to be raised in the case. en-us Thu, 12 Jul 2001 00:00:00 +0530 Tue, 26 May 2009 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13115 The High Court upheld the Tribunal's decision to delete the addition of income by the Assessing Officer to a partnership firm's taxable income for the assessment year 1991-92. The Court found that the partners had agricultural income, which was properly reflected in the firm's accounts, and the addition made by the Assessing Officer was unjustified. The Court distinguished the case relied upon by the Revenue, emphasizing that the Tribunal's factual findings were valid. The appeal by the Revenue was dismissed, with no costs awarded, as no substantial legal question was found to be raised in the case. Case-Laws Income Tax Thu, 12 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13115