https://www.taxtmi.com/caselaws?id=278621 The High Court upheld the decisions of the CIT(Appeals) and the Tribunal, ruling in favor of the appellant on both the cash receipt addition and expenses under section 40A(3) issues. The court found that the appellant successfully established the connection to another firm through additional evidence, leading to the deletion of the additions made by the Assessing Officer. Consequently, no addition could be made in the hands of the present assessee, and the Tax Appeal was dismissed. en-us Tue, 02 Apr 2013 00:00:00 +0530 Thu, 14 Feb 2019 11:18:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278621 The High Court upheld the decisions of the CIT(Appeals) and the Tribunal, ruling in favor of the appellant on both the cash receipt addition and expenses under section 40A(3) issues. The court found that the appellant successfully established the connection to another firm through additional evidence, leading to the deletion of the additions made by the Assessing Officer. Consequently, no addition could be made in the hands of the present assessee, and the Tax Appeal was dismissed. Case-Laws Income Tax Tue, 02 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278621