https://www.taxtmi.com/caselaws?id=390673 The Tribunal upheld the CIT(A)'s decision to delete the addition made towards set off of fictitious losses through Client Code Modification. The Tribunal found that the AO's general propositions lacked substantiation, and the addition was not sustainable as there was no specific evidence linking the assessee to malafide intentions behind the client code modifications. The appeal filed by the Revenue was dismissed on 25.10.2019. en-us Fri, 25 Oct 2019 00:00:00 +0530 Thu, 09 Jan 2020 11:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390673 The Tribunal upheld the CIT(A)'s decision to delete the addition made towards set off of fictitious losses through Client Code Modification. The Tribunal found that the AO's general propositions lacked substantiation, and the addition was not sustainable as there was no specific evidence linking the assessee to malafide intentions behind the client code modifications. The appeal filed by the Revenue was dismissed on 25.10.2019. Case-Laws Income Tax Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390673