https://www.taxtmi.com/caselaws?id=378839 The Tribunal ruled in favor of the assessee, holding that the addition of Rs. 61,56,80,326/- under Section 115JB was unwarranted as there was no revaluation of assets. Additionally, the disallowance under Section 14A was overturned because the Assessing Officer failed to establish satisfaction as required. Consequently, the appeal of the assessee was successful. en-us Tue, 12 Mar 2019 00:00:00 +0530 Mon, 22 Apr 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378839 The Tribunal ruled in favor of the assessee, holding that the addition of Rs. 61,56,80,326/- under Section 115JB was unwarranted as there was no revaluation of assets. Additionally, the disallowance under Section 14A was overturned because the Assessing Officer failed to establish satisfaction as required. Consequently, the appeal of the assessee was successful. Case-Laws Income Tax Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378839