https://www.taxtmi.com/caselaws?id=755366 The ITAT ruled in favor of the appellant, directing the deletion of two additions made by the Assessing Officer. The first addition, under Section 69D for cash loan repayments, was deemed unsustainable due to lack of consideration of relevant documents. The second addition, regarding income from house property, was reversed as the revised return should have been accepted. The appeal was allowed, reversing the lower authorities' decisions and underscoring the necessity of evaluating all pertinent documents in tax assessments. en-us Tue, 09 Jul 2024 00:00:00 +0530 Thu, 11 Jul 2024 08:37:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755366 The ITAT ruled in favor of the appellant, directing the deletion of two additions made by the Assessing Officer. The first addition, under Section 69D for cash loan repayments, was deemed unsustainable due to lack of consideration of relevant documents. The second addition, regarding income from house property, was reversed as the revised return should have been accepted. The appeal was allowed, reversing the lower authorities' decisions and underscoring the necessity of evaluating all pertinent documents in tax assessments. Case-Laws Income Tax Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755366