https://www.taxtmi.com/caselaws?id=235901 The High Court found the decisions to delete the additions of Rs. 4,74,681/- and Rs. 42,78,717/- as perverse due to the lack of supporting evidence from the assessee. The court emphasized the need for the assessee to provide cogent evidence to substantiate claims, citing precedents that highlighted the burden of proof lying with the assessee. The appeal was allowed in favor of the Revenue. en-us Mon, 18 Mar 2013 00:00:00 +0530 Thu, 08 Aug 2013 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235901 The High Court found the decisions to delete the additions of Rs. 4,74,681/- and Rs. 42,78,717/- as perverse due to the lack of supporting evidence from the assessee. The court emphasized the need for the assessee to provide cogent evidence to substantiate claims, citing precedents that highlighted the burden of proof lying with the assessee. The appeal was allowed in favor of the Revenue. Case-Laws Income Tax Mon, 18 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235901