https://www.taxtmi.com/caselaws?id=428231 The Tribunal dismissed the revenue's appeal and upheld the CIT(A)'s decision to delete the additions made by the AO. The Tribunal emphasized the lack of incriminating material and legal principles governing assessments under Section 153A, concluding that the addition of Rs. 57,86,609/- under Section 68 was unsustainable. The Tribunal's decision was pronounced on 18.05.2022. en-us Wed, 18 May 2022 00:00:00 +0530 Tue, 27 Sep 2022 09:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428231 The Tribunal dismissed the revenue's appeal and upheld the CIT(A)'s decision to delete the additions made by the AO. The Tribunal emphasized the lack of incriminating material and legal principles governing assessments under Section 153A, concluding that the addition of Rs. 57,86,609/- under Section 68 was unsustainable. The Tribunal's decision was pronounced on 18.05.2022. Case-Laws Income Tax Wed, 18 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428231