https://www.taxtmi.com/caselaws?id=307579 The tribunal allowed the assessee's appeal, citing previous judgments in favor of the assessee, leading to the deletion of the addition related to the challenged reassessment and disallowance under section 35(1)(ii) of the Income Tax Act, 1961. The tribunal found no merit in the Revenue's appeal, emphasizing that the issue was squarely covered in favor of the assessee. The decision, pronounced on 20/02/2020, favored the assessee, ultimately resulting in the deletion of the addition in dispute. en-us Thu, 20 Feb 2020 00:00:00 +0530 Sun, 23 Apr 2023 13:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307579 The tribunal allowed the assessee's appeal, citing previous judgments in favor of the assessee, leading to the deletion of the addition related to the challenged reassessment and disallowance under section 35(1)(ii) of the Income Tax Act, 1961. The tribunal found no merit in the Revenue's appeal, emphasizing that the issue was squarely covered in favor of the assessee. The decision, pronounced on 20/02/2020, favored the assessee, ultimately resulting in the deletion of the addition in dispute. Case-Laws Income Tax Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307579