https://www.taxtmi.com/caselaws?id=241745 The ITAT allowed both the assessee's and the department's appeals for statistical purposes. The cases were remanded to the Assessing Officer for re-examination due to the lack of concrete evidence supporting the additions and the surrender of income by the company. The ITAT emphasized the necessity for corroborative evidence before making such additions, directing a proper examination of the issues. en-us Tue, 09 Apr 2013 00:00:00 +0530 Tue, 31 Dec 2013 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241745 The ITAT allowed both the assessee's and the department's appeals for statistical purposes. The cases were remanded to the Assessing Officer for re-examination due to the lack of concrete evidence supporting the additions and the surrender of income by the company. The ITAT emphasized the necessity for corroborative evidence before making such additions, directing a proper examination of the issues. Case-Laws Income Tax Tue, 09 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241745