https://www.taxtmi.com/caselaws?id=405769 The Tribunal set aside the appeal for the assessment year 2012-13 and directed the Assessing Officer to allow the appellant to substantiate evidence regarding turnover and expenses. The Tribunal emphasized the importance of accurate income reporting with supporting material. Additionally, in a separate appeal for the assessment year 2009-10, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete a substantial amount added by the Assessing Officer due to the lack of maintained books of accounts and supporting evidence. en-us Tue, 16 Mar 2021 00:00:00 +0530 Sat, 27 Mar 2021 07:38:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405769 The Tribunal set aside the appeal for the assessment year 2012-13 and directed the Assessing Officer to allow the appellant to substantiate evidence regarding turnover and expenses. The Tribunal emphasized the importance of accurate income reporting with supporting material. Additionally, in a separate appeal for the assessment year 2009-10, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete a substantial amount added by the Assessing Officer due to the lack of maintained books of accounts and supporting evidence. Case-Laws Income Tax Tue, 16 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405769