https://www.taxtmi.com/caselaws?id=406517 The Tribunal ruled in favor of the assessee, holding that the CIT(A) lacked the authority to enhance the total income under Section 115JB as the Assessing Officer did not consider it during assessment. The Tribunal also determined that Section 115JB does not apply when the gross taxable income and total income are Nil, following the precedent set by the Jurisdictional High Court. As a result, the enhancement by the CIT(A) was quashed, and the appeal of the assessee was allowed. en-us Thu, 01 Apr 2021 00:00:00 +0530 Fri, 16 Apr 2021 22:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406517 The Tribunal ruled in favor of the assessee, holding that the CIT(A) lacked the authority to enhance the total income under Section 115JB as the Assessing Officer did not consider it during assessment. The Tribunal also determined that Section 115JB does not apply when the gross taxable income and total income are Nil, following the precedent set by the Jurisdictional High Court. As a result, the enhancement by the CIT(A) was quashed, and the appeal of the assessee was allowed. Case-Laws Income Tax Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406517