https://www.taxtmi.com/caselaws?id=383153 The appeal was dismissed by the Appellate Tribunal, affirming the deletion of additions under sections 201(1) and 201(1A) for Assessment Year 2012-13. The Tribunal upheld the decision of the CIT(A) based on the retrospective nature of the amendment, stating that the assessee could not be held in violation of Section 194J as the transactions occurred before the amendment. The Tribunal emphasized legal principles and precedent, providing relief to the assessee and highlighting the importance of interpreting tax laws in appropriate circumstances. en-us Wed, 13 Mar 2019 00:00:00 +0530 Wed, 17 Jul 2019 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383153 The appeal was dismissed by the Appellate Tribunal, affirming the deletion of additions under sections 201(1) and 201(1A) for Assessment Year 2012-13. The Tribunal upheld the decision of the CIT(A) based on the retrospective nature of the amendment, stating that the assessee could not be held in violation of Section 194J as the transactions occurred before the amendment. The Tribunal emphasized legal principles and precedent, providing relief to the assessee and highlighting the importance of interpreting tax laws in appropriate circumstances. Case-Laws Income Tax Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383153