https://www.taxtmi.com/caselaws?id=65244 The Tribunal allowed the assessee's appeals against the orders of CIT(A) for the assessment years 1988-89 and 1989-90, contesting additions made under section 69C of the IT Act. The Tribunal found that the Department failed to produce relevant records and seized material despite requests from the assessee. It was held that without confronting the material relied upon by the AO, the additions could not be justified. The Tribunal also noted that all salaries were properly accounted for in the regular books of accounts, leading to the deletion of the additions for both years. en-us Tue, 28 Jan 2003 00:00:00 +0530 Thu, 10 Mar 2016 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65244 The Tribunal allowed the assessee's appeals against the orders of CIT(A) for the assessment years 1988-89 and 1989-90, contesting additions made under section 69C of the IT Act. The Tribunal found that the Department failed to produce relevant records and seized material despite requests from the assessee. It was held that without confronting the material relied upon by the AO, the additions could not be justified. The Tribunal also noted that all salaries were properly accounted for in the regular books of accounts, leading to the deletion of the additions for both years. Case-Laws Income Tax Tue, 28 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65244