https://www.taxtmi.com/caselaws?id=65665 The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection. It upheld the CIT(A)'s decision to delete the addition of Rs. 2,00,000 as unaccounted income due to lack of evidence from the AO. Additionally, the Tribunal sustained the partial addition of Rs. 50,000 on estimated basis for unverifiable expenses, reducing it to Rs. 20,000. The assessee's cross-objection was dismissed as well, with the Tribunal finding the CIT(A)'s decision justified based on the non-production of books of account. en-us Mon, 25 Jun 2001 00:00:00 +0530 Fri, 18 Feb 2011 12:27:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65665 The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection. It upheld the CIT(A)'s decision to delete the addition of Rs. 2,00,000 as unaccounted income due to lack of evidence from the AO. Additionally, the Tribunal sustained the partial addition of Rs. 50,000 on estimated basis for unverifiable expenses, reducing it to Rs. 20,000. The assessee's cross-objection was dismissed as well, with the Tribunal finding the CIT(A)'s decision justified based on the non-production of books of account. Case-Laws Income Tax Mon, 25 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65665