https://www.taxtmi.com/caselaws?id=409404 The Tribunal allowed the appeals, setting aside the additions made by the AO and upheld by the CIT(A). It held that the amended provision of Section 55A was not applicable to the transaction, rendering the reference to the DVO invalid. The Tribunal also condoned the delay in filing the appeal, emphasizing the importance of substantial justice prevailing over technical considerations. en-us Wed, 30 Jun 2021 00:00:00 +0530 Tue, 06 Jul 2021 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409404 The Tribunal allowed the appeals, setting aside the additions made by the AO and upheld by the CIT(A). It held that the amended provision of Section 55A was not applicable to the transaction, rendering the reference to the DVO invalid. The Tribunal also condoned the delay in filing the appeal, emphasizing the importance of substantial justice prevailing over technical considerations. Case-Laws Income Tax Wed, 30 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409404