https://www.taxtmi.com/caselaws?id=401874 The High Court dismissed the Revenue's appeal challenging the deletion of an addition made under Section 68 of the Income Tax Act. The Court found that the appeal only pertained to the deletion of the addition and not the overall maintainability of the appeal before the Tribunal. As the assessee did not challenge the disallowed portion, the Revenue's appeal was deemed to lack substantial questions of law. Therefore, the High Court concluded that the appeal lacked merit and dismissed it without awarding costs. en-us Tue, 01 Dec 2020 00:00:00 +0530 Fri, 18 Dec 2020 16:35:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401874 The High Court dismissed the Revenue's appeal challenging the deletion of an addition made under Section 68 of the Income Tax Act. The Court found that the appeal only pertained to the deletion of the addition and not the overall maintainability of the appeal before the Tribunal. As the assessee did not challenge the disallowed portion, the Revenue's appeal was deemed to lack substantial questions of law. Therefore, the High Court concluded that the appeal lacked merit and dismissed it without awarding costs. Case-Laws Income Tax Tue, 01 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401874