https://www.taxtmi.com/caselaws?id=65356 The tribunal ruled in favor of the appellant, deleting the addition of Rs. 1,38,000 made on account of share application money. The decision was based on the lack of concrete evidence found during the search to support the AO's conclusion of undisclosed income. The tribunal emphasized the need for proper documentation and adherence to legal requirements in assessing the genuineness of transactions during block assessments. en-us Tue, 19 Aug 2003 00:00:00 +0530 Tue, 15 Feb 2011 11:50:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65356 The tribunal ruled in favor of the appellant, deleting the addition of Rs. 1,38,000 made on account of share application money. The decision was based on the lack of concrete evidence found during the search to support the AO's conclusion of undisclosed income. The tribunal emphasized the need for proper documentation and adherence to legal requirements in assessing the genuineness of transactions during block assessments. Case-Laws Income Tax Tue, 19 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65356