https://www.taxtmi.com/caselaws?id=415534 The Tribunal allowed the appeal of the assessee, directing the deletion of additions sustained by the CIT(A) for both issues. The Tribunal found the AO's rejections unjustified, considering the comprehensive books of accounts maintained by the assessee and legitimate additional expenses incurred. The Tribunal emphasized the lack of concrete evidence for the additions made under Section 145(3) and Section 69 of the Income Tax Act, 1961. en-us Fri, 30 Jul 2021 00:00:00 +0530 Tue, 07 Dec 2021 19:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415534 The Tribunal allowed the appeal of the assessee, directing the deletion of additions sustained by the CIT(A) for both issues. The Tribunal found the AO's rejections unjustified, considering the comprehensive books of accounts maintained by the assessee and legitimate additional expenses incurred. The Tribunal emphasized the lack of concrete evidence for the additions made under Section 145(3) and Section 69 of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415534