https://www.taxtmi.com/caselaws?id=432197 The Tribunal allowed the appeal by the assessee by condoning the delay in filing, deleting the addition under Section 68 of the Income Tax Act, vacating the protective addition under Section 56(2)(viib), and allowing the business expenses. The Tribunal also set aside the enhancement of income by the CIT(A) without issuing a valid notice, emphasizing principles of natural justice. en-us Fri, 16 Dec 2022 00:00:00 +0530 Thu, 29 Dec 2022 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432197 The Tribunal allowed the appeal by the assessee by condoning the delay in filing, deleting the addition under Section 68 of the Income Tax Act, vacating the protective addition under Section 56(2)(viib), and allowing the business expenses. The Tribunal also set aside the enhancement of income by the CIT(A) without issuing a valid notice, emphasizing principles of natural justice. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432197