https://www.taxtmi.com/caselaws?id=425341 The Tribunal allowed the appeal, directing the AO to delete the addition of Rs. 11,00,06,345/- under section 69 of the Income Tax Act. The Tribunal held that the amount was recorded in the books of account, and the assessee was entitled to exemption under sections 11 and 12, rendering the addition unjustified. en-us Tue, 19 Jul 2022 00:00:00 +0530 Wed, 20 Jul 2022 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425341 The Tribunal allowed the appeal, directing the AO to delete the addition of Rs. 11,00,06,345/- under section 69 of the Income Tax Act. The Tribunal held that the amount was recorded in the books of account, and the assessee was entitled to exemption under sections 11 and 12, rendering the addition unjustified. Case-Laws Income Tax Tue, 19 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425341