https://www.taxtmi.com/caselaws?id=426519 The tribunal allowed the appeal in favor of the assessee, ordering the deletion of the section 43CA addition of Rs.12,50,490 for Assessment Year 2016-17. The tribunal rejected the Revenue's argument on the retrospective effect of the tolerance margin change, distinguishing between sections 43CA and 50C. The decision was rendered by SHRI S.S. GODARA, JUDICIAL MEMBER, and DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER, on 4th August 2022. en-us Thu, 04 Aug 2022 00:00:00 +0530 Sat, 20 Aug 2022 08:23:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426519 The tribunal allowed the appeal in favor of the assessee, ordering the deletion of the section 43CA addition of Rs.12,50,490 for Assessment Year 2016-17. The tribunal rejected the Revenue's argument on the retrospective effect of the tolerance margin change, distinguishing between sections 43CA and 50C. The decision was rendered by SHRI S.S. GODARA, JUDICIAL MEMBER, and DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER, on 4th August 2022. Case-Laws Income Tax Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426519