https://www.taxtmi.com/caselaws?id=281803 The Tribunal quashed the reassessment orders and deleted the quantum additions made by the authorities below. The appeals by the Revenue were dismissed, while those by the assessee were allowed. The High Court upheld the Tribunal's decision, emphasizing the lack of basis for additions without independent verification. The Tribunal followed the High Court's judgment, resulting in the deletion of the quantum orders and allowing the assessee's appeals. en-us Fri, 10 Aug 2018 00:00:00 +0530 Sun, 07 Jul 2019 09:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281803 The Tribunal quashed the reassessment orders and deleted the quantum additions made by the authorities below. The appeals by the Revenue were dismissed, while those by the assessee were allowed. The High Court upheld the Tribunal's decision, emphasizing the lack of basis for additions without independent verification. The Tribunal followed the High Court's judgment, resulting in the deletion of the quantum orders and allowing the assessee's appeals. Case-Laws Income Tax Fri, 10 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281803