https://www.taxtmi.com/caselaws?id=438641 The Tribunal partly allowed the assessee's appeals for the assessment years 2009-10, 2010-11, and 2011-12, and dismissed the Revenue's appeal for 2010-11. It directed the Assessing Officer to delete additions and disallowances sustained by the CIT (Appeals) concerning purchases and expenses. The Tribunal also remanded issues related to entries in seized material for further investigation. Additions based on the DVO's report were disallowed, following earlier decisions that such additions require rejection of the books of accounts. Grounds challenging the validity of notices and approvals under Sections 153A and 153D were dismissed as not pressed. en-us Wed, 31 May 2023 00:00:00 +0530 Wed, 31 Jan 2024 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438641 The Tribunal partly allowed the assessee's appeals for the assessment years 2009-10, 2010-11, and 2011-12, and dismissed the Revenue's appeal for 2010-11. It directed the Assessing Officer to delete additions and disallowances sustained by the CIT (Appeals) concerning purchases and expenses. The Tribunal also remanded issues related to entries in seized material for further investigation. Additions based on the DVO's report were disallowed, following earlier decisions that such additions require rejection of the books of accounts. Grounds challenging the validity of notices and approvals under Sections 153A and 153D were dismissed as not pressed. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438641