https://www.taxtmi.com/caselaws?id=459245 The appeal under Section 260A of the Income Tax Act, 1961, was dismissed, with the court upholding the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal. The Tribunal had directed the deletion of additions made by the Assessing Officer regarding estimated on money received from the sale of 37 flats, citing a lack of evidence. The court found no substantial question of law, as the additions were based on suspicion without material evidence. Consequently, the Revenue's appeal was dismissed, and no costs were awarded. en-us Wed, 06 Jan 2016 00:00:00 +0530 Thu, 05 Dec 2024 21:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459245 The appeal under Section 260A of the Income Tax Act, 1961, was dismissed, with the court upholding the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal. The Tribunal had directed the deletion of additions made by the Assessing Officer regarding estimated on money received from the sale of 37 flats, citing a lack of evidence. The court found no substantial question of law, as the additions were based on suspicion without material evidence. Consequently, the Revenue's appeal was dismissed, and no costs were awarded. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459245