https://www.taxtmi.com/caselaws?id=435653 The Tribunal partly allowed the appeal by the assessee for statistical purposes, remanding the issue of quantification and set off of business loss under Section 72 of the IT Act to the AO. However, the Tribunal upheld the findings of the AO and CIT(A) regarding the confirmation of addition under Section 68 of the IT Act, dismissing the assessee's appeal on this ground. The deficiency in the CIT(A)'s order was not pressed during the hearing and was dismissed. en-us Tue, 21 Mar 2023 00:00:00 +0530 Fri, 24 Mar 2023 09:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435653 The Tribunal partly allowed the appeal by the assessee for statistical purposes, remanding the issue of quantification and set off of business loss under Section 72 of the IT Act to the AO. However, the Tribunal upheld the findings of the AO and CIT(A) regarding the confirmation of addition under Section 68 of the IT Act, dismissing the assessee's appeal on this ground. The deficiency in the CIT(A)'s order was not pressed during the hearing and was dismissed. Case-Laws Income Tax Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435653