https://www.taxtmi.com/caselaws?id=276994 The Tribunal dismissed all department appeals, upholding the deletion of additions for AY 2007-08 to 2012-13 and sustaining a Rs. 6,00,000 addition for AY 2013-14. It found the AO's income estimation for prior years lacked evidentiary support, while the FAA's AY 2013-14 estimation was deemed reasonable. The Tribunal concluded that the AO's extrapolation of income was legally unsustainable due to insufficient evidence, ultimately affirming the FAA's decision. en-us Fri, 15 Dec 2017 00:00:00 +0530 Wed, 21 Nov 2018 21:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276994 The Tribunal dismissed all department appeals, upholding the deletion of additions for AY 2007-08 to 2012-13 and sustaining a Rs. 6,00,000 addition for AY 2013-14. It found the AO's income estimation for prior years lacked evidentiary support, while the FAA's AY 2013-14 estimation was deemed reasonable. The Tribunal concluded that the AO's extrapolation of income was legally unsustainable due to insufficient evidence, ultimately affirming the FAA's decision. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276994