https://www.taxtmi.com/caselaws?id=363064 The appeal of the revenue was dismissed, and the order of the Ld. CIT(A) was confirmed. The Tribunal held that the addition under Section 68 could not be made for the assessment year 2005-06 as the amounts were credited in the books for the assessment year 2000-01. The Tribunal emphasized the importance of assessing the right person, right year, and right income. The deletion of the addition was upheld, and the order was pronounced on 05.07.2018. en-us Thu, 05 Jul 2018 00:00:00 +0530 Sat, 07 Jul 2018 08:16:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363064 The appeal of the revenue was dismissed, and the order of the Ld. CIT(A) was confirmed. The Tribunal held that the addition under Section 68 could not be made for the assessment year 2005-06 as the amounts were credited in the books for the assessment year 2000-01. The Tribunal emphasized the importance of assessing the right person, right year, and right income. The deletion of the addition was upheld, and the order was pronounced on 05.07.2018. Case-Laws Income Tax Thu, 05 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363064