https://www.taxtmi.com/caselaws?id=391704 The Tribunal allowed the appeal for the assessment year 2008-2009, quashing the assessment under Section 144/153A due to the absence of incriminating material. For the assessment year 2013-2014, the Tribunal directed the AO to consider the disclosed advance tax payment of Rs. 33,33,333/- in computing income, granting the assessee a reasonable opportunity of hearing. Both appeals favored the assessee, with the first appeal allowed and the second allowed for statistical purposes. en-us Tue, 28 Jan 2020 00:00:00 +0530 Wed, 05 Feb 2020 14:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391704 The Tribunal allowed the appeal for the assessment year 2008-2009, quashing the assessment under Section 144/153A due to the absence of incriminating material. For the assessment year 2013-2014, the Tribunal directed the AO to consider the disclosed advance tax payment of Rs. 33,33,333/- in computing income, granting the assessee a reasonable opportunity of hearing. Both appeals favored the assessee, with the first appeal allowed and the second allowed for statistical purposes. Case-Laws Income Tax Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391704