https://www.taxtmi.com/caselaws?id=468829 Revenue's tax appeal under section 260A challenged Tribunal relief on four issues: restriction of addition for unaccounted job-work income by applying a 5% gross profit rate, allowance of a discount from unaccounted job-work receipts, set-off of income declared in the return filed under section 153A, and deletion of an addition for unaccounted cash credit under section 68. Questions (a), (b) and (c) were dismissed by adopting the reasoning in connected appeals decided the same day. The appeal was admitted only on question (d), concerning whether the section 68 addition for alleged accommodation entries was rightly deleted in the absence of incriminating material. en-us Mon, 29 Jan 2024 00:00:00 +0530 Fri, 22 May 2026 13:01:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468829 Revenue's tax appeal under section 260A challenged Tribunal relief on four issues: restriction of addition for unaccounted job-work income by applying a 5% gross profit rate, allowance of a discount from unaccounted job-work receipts, set-off of income declared in the return filed under section 153A, and deletion of an addition for unaccounted cash credit under section 68. Questions (a), (b) and (c) were dismissed by adopting the reasoning in connected appeals decided the same day. The appeal was admitted only on question (d), concerning whether the section 68 addition for alleged accommodation entries was rightly deleted in the absence of incriminating material. Case-Laws Income Tax Mon, 29 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468829