https://www.taxtmi.com/caselaws?id=286541 The ITAT Ahmedabad upheld the decisions of the lower authorities in dismissing the Revenue's appeal and the Assessee's cross-objections. The ITAT affirmed the deletion of unexplained income addition by the CIT(A), justified the reopening of the case based on seized documents, and upheld the dismissal of penalty proceedings and interest levy. The judgment, delivered on 26-06-2019, concluded that there were no grounds for interference with the decisions made by the lower authorities in this tax dispute. en-us Wed, 26 Jun 2019 00:00:00 +0530 Tue, 03 Mar 2020 10:29:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286541 The ITAT Ahmedabad upheld the decisions of the lower authorities in dismissing the Revenue's appeal and the Assessee's cross-objections. The ITAT affirmed the deletion of unexplained income addition by the CIT(A), justified the reopening of the case based on seized documents, and upheld the dismissal of penalty proceedings and interest levy. The judgment, delivered on 26-06-2019, concluded that there were no grounds for interference with the decisions made by the lower authorities in this tax dispute. Case-Laws Income Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286541