https://www.taxtmi.com/caselaws?id=424406 The Appellate Tribunal upheld the deletion of the addition under section 69/69B of the Income Tax Act and dismissed the Revenue's appeal. The Tribunal found no reason to interfere with the ld. CIT(A)'s order, noting discrepancies in land purchase details were due to timing differences in presentation for registration. All relevant evidence was before the AO during assessment, and discrepancies arose from the timing of transactions. The Tribunal confirmed the transactions were consistent and aligned with the society's accounts, leading to the deletion of the addition by the ld. CIT(A). en-us Mon, 27 Jun 2022 00:00:00 +0530 Wed, 29 Jun 2022 09:36:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424406 The Appellate Tribunal upheld the deletion of the addition under section 69/69B of the Income Tax Act and dismissed the Revenue's appeal. The Tribunal found no reason to interfere with the ld. CIT(A)'s order, noting discrepancies in land purchase details were due to timing differences in presentation for registration. All relevant evidence was before the AO during assessment, and discrepancies arose from the timing of transactions. The Tribunal confirmed the transactions were consistent and aligned with the society's accounts, leading to the deletion of the addition by the ld. CIT(A). Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424406