https://www.taxtmi.com/caselaws?id=205751 The Tribunal concluded that the sum received by the appellant was in consideration of withdrawing his caveat and not without consideration. Therefore, the provisions of section 56(2)(v) were not applicable, and the additions made by the AO were directed to be deleted. The appeal of the assessee was allowed. en-us Wed, 09 Mar 2011 00:00:00 +0530 Wed, 21 Sep 2011 00:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205751 The Tribunal concluded that the sum received by the appellant was in consideration of withdrawing his caveat and not without consideration. Therefore, the provisions of section 56(2)(v) were not applicable, and the additions made by the AO were directed to be deleted. The appeal of the assessee was allowed. Case-Laws Income Tax Wed, 09 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205751