https://www.taxtmi.com/caselaws?id=283230 The appeal was against the order passed by the ld. CIT(A) for Assessment Year 2003-04, involving issues of completion of assessment u/s 144, disallowance of depreciation, and addition of income u/s 68 of the Income Tax Act, 1961. The I.T.A.T. Agra Bench held that the capital introduced by partners was from their own sources, leading to the deletion of the sustained addition of Rs. 9,70,842. Relevant judgments supported the assessee's position, and the appeal was partly allowed. en-us Fri, 26 Jul 2013 00:00:00 +0530 Fri, 13 Sep 2019 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283230 The appeal was against the order passed by the ld. CIT(A) for Assessment Year 2003-04, involving issues of completion of assessment u/s 144, disallowance of depreciation, and addition of income u/s 68 of the Income Tax Act, 1961. The I.T.A.T. Agra Bench held that the capital introduced by partners was from their own sources, leading to the deletion of the sustained addition of Rs. 9,70,842. Relevant judgments supported the assessee's position, and the appeal was partly allowed. Case-Laws Income Tax Fri, 26 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283230