https://www.taxtmi.com/caselaws?id=366474 The Tribunal upheld the CIT (A)'s deletions and disallowances under various sections of the Income Tax Act, including the deletion of additions related to "Income from house property" and "Unexplained investment in excess stock." The Tribunal remanded the issue of excess stock valuation for verification by the Assessing Officer. The Tribunal also clarified that the amended provisions of Section 115BBE were not applicable for the assessment year in question, following legal precedents on prospective application of amendments. en-us Thu, 21 Jun 2018 00:00:00 +0530 Wed, 05 Sep 2018 09:05:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366474 The Tribunal upheld the CIT (A)'s deletions and disallowances under various sections of the Income Tax Act, including the deletion of additions related to "Income from house property" and "Unexplained investment in excess stock." The Tribunal remanded the issue of excess stock valuation for verification by the Assessing Officer. The Tribunal also clarified that the amended provisions of Section 115BBE were not applicable for the assessment year in question, following legal precedents on prospective application of amendments. Case-Laws Income Tax Thu, 21 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366474