https://www.taxtmi.com/caselaws?id=385442 The appeal filed by the Revenue was dismissed by the Tribunal. The first issue regarding the maintainability of the appeal under section 153C(1) was deemed not maintainable due to the tax effect being below the specified threshold. The second issue concerning the deletion of an addition of an unsecured loan under section 68 of the Income Tax Act, 1961, was also dismissed as non-maintainable for the same reason. The Tribunal's decision aligned with previous judgments and the CBDT Circular, ultimately upholding the decision of the Ld.CIT(A)-2, New Delhi. en-us Mon, 19 Aug 2019 00:00:00 +0530 Thu, 05 Sep 2019 15:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385442 The appeal filed by the Revenue was dismissed by the Tribunal. The first issue regarding the maintainability of the appeal under section 153C(1) was deemed not maintainable due to the tax effect being below the specified threshold. The second issue concerning the deletion of an addition of an unsecured loan under section 68 of the Income Tax Act, 1961, was also dismissed as non-maintainable for the same reason. The Tribunal's decision aligned with previous judgments and the CBDT Circular, ultimately upholding the decision of the Ld.CIT(A)-2, New Delhi. Case-Laws Income Tax Mon, 19 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385442