https://www.taxtmi.com/caselaws?id=424555 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision to delete the additions made by the Assessing Officer regarding the undisclosed income of Rs. 7,00,00,000 and the unexplained expenditure incurred for the movie 'Thalaivaa.' The Tribunal found that the assessee had appropriately included the income and corresponding expenditure in the profit loss account, resulting in a loss for the relevant year. en-us Fri, 24 Jun 2022 00:00:00 +0530 Mon, 04 Jul 2022 09:08:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424555 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision to delete the additions made by the Assessing Officer regarding the undisclosed income of Rs. 7,00,00,000 and the unexplained expenditure incurred for the movie 'Thalaivaa.' The Tribunal found that the assessee had appropriately included the income and corresponding expenditure in the profit loss account, resulting in a loss for the relevant year. Case-Laws Income Tax Fri, 24 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424555