https://www.taxtmi.com/caselaws?id=375076 The Tribunal upheld the assessee's classification as a 'Kachha Arhatia' for the assessment year, emphasizing the importance of consistency in tax assessments and rejecting the AO's classification as a 'Pacca Arhatia'. The Tribunal also ruled in favor of the assessee regarding the validity of the lump-sum trading addition, deleting the addition made by the AO. As a result, the appeal of the assessee was allowed, confirming the classification as 'Kachha Arhatia'. en-us Mon, 04 Feb 2019 00:00:00 +0530 Thu, 14 Feb 2019 14:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375076 The Tribunal upheld the assessee's classification as a 'Kachha Arhatia' for the assessment year, emphasizing the importance of consistency in tax assessments and rejecting the AO's classification as a 'Pacca Arhatia'. The Tribunal also ruled in favor of the assessee regarding the validity of the lump-sum trading addition, deleting the addition made by the AO. As a result, the appeal of the assessee was allowed, confirming the classification as 'Kachha Arhatia'. Case-Laws Income Tax Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375076