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2016 (7) TMI 918 - HC - Income TaxAddition on account of VRS payment - ITAT confirming the order of the CIT(A) in deleting the addition - Held that:- It is not in dispute that the law applicable to the assessee is as at 1st April, 2000. The revenue sought to rely upon Section 35DDA which was introduced with effect from 1st April, 2001. Therefore, the contention of the revenue failed both before the CIT(A) and before the learned Tribunal. The circular referred to in the question does not help the revenue either. Mrs. Gutgutia has not relied upon that circular. In that view of the matter, the question no.1 is answered in the affirmative in favour of assessee Addition of sundry expenses - Held that:- When the disallowance was made purely on the basis of conjecture there was no alternative to the CIT(A) or to the learned Tribunal but to delete the disallowance. - Decided in favour of assessee
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