https://www.taxtmi.com/caselaws?id=407779 The Tribunal upheld the CIT(A)'s decisions to delete the addition of Rs. 2,86,01,036/- due to low Gross Profit and the disallowance of Rs. 9,12,600/- under section 40(a)(ia) of the Income Tax Act. It was concluded that the Assessing Officer failed to provide sufficient evidence to support the additions and disallowances, leading to the dismissal of the Revenue's appeal. en-us Mon, 17 May 2021 00:00:00 +0530 Fri, 21 May 2021 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407779 The Tribunal upheld the CIT(A)'s decisions to delete the addition of Rs. 2,86,01,036/- due to low Gross Profit and the disallowance of Rs. 9,12,600/- under section 40(a)(ia) of the Income Tax Act. It was concluded that the Assessing Officer failed to provide sufficient evidence to support the additions and disallowances, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 17 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407779