https://www.taxtmi.com/caselaws?id=378932 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision to delete additions made under Section 68 of the Income-tax Act, 1961, and on account of deemed rent under Section 23(1)(a) of the Act. The Tribunal found that the assessee had provided sufficient evidence to prove the genuineness of transactions and efforts to let out vacant properties. The Tribunal emphasized the importance of concrete evidence and adherence to legal principles by the Assessing Officer. The Tribunal dismissed both appeals and pronounced the decision on 22nd February 2019. en-us Fri, 22 Feb 2019 00:00:00 +0530 Wed, 24 Apr 2019 09:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378932 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision to delete additions made under Section 68 of the Income-tax Act, 1961, and on account of deemed rent under Section 23(1)(a) of the Act. The Tribunal found that the assessee had provided sufficient evidence to prove the genuineness of transactions and efforts to let out vacant properties. The Tribunal emphasized the importance of concrete evidence and adherence to legal principles by the Assessing Officer. The Tribunal dismissed both appeals and pronounced the decision on 22nd February 2019. Case-Laws Income Tax Fri, 22 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378932