https://www.taxtmi.com/caselaws?id=400375 The Tribunal dismissed the Revenue's appeal as the tax effect was below the monetary limit set by the CBDT for appeals before the Appellate Tribunal. The CIT(A)'s deletion of additions under sections 68 and 69C of the IT Act was upheld based on the low tax effect, despite arguments regarding incriminating documents and statements. The Tribunal did not delve into the merits of the case due to the monetary grounds, leading to the dismissal of the appeal and rejection of the Revenue's application for rectification. en-us Fri, 20 Mar 2020 00:00:00 +0530 Thu, 05 Nov 2020 12:46:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400375 The Tribunal dismissed the Revenue's appeal as the tax effect was below the monetary limit set by the CBDT for appeals before the Appellate Tribunal. The CIT(A)'s deletion of additions under sections 68 and 69C of the IT Act was upheld based on the low tax effect, despite arguments regarding incriminating documents and statements. The Tribunal did not delve into the merits of the case due to the monetary grounds, leading to the dismissal of the appeal and rejection of the Revenue's application for rectification. Case-Laws Income Tax Fri, 20 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400375