https://www.taxtmi.com/caselaws?id=408718 The Tribunal determined that Section 43CA of the Income Tax Act does not apply retrospectively to agreements executed before its introduction. Consequently, the addition of Rs. 6,18,000 by the Assessing Officer was unsustainable. The appeal was partly allowed, rendering other arguments academic. The decision was pronounced on 17th June 2021. en-us Thu, 17 Jun 2021 00:00:00 +0530 Sat, 26 Oct 2024 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408718 The Tribunal determined that Section 43CA of the Income Tax Act does not apply retrospectively to agreements executed before its introduction. Consequently, the addition of Rs. 6,18,000 by the Assessing Officer was unsustainable. The appeal was partly allowed, rendering other arguments academic. The decision was pronounced on 17th June 2021. Case-Laws Income Tax Thu, 17 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408718