https://www.taxtmi.com/caselaws?id=242822 The Tribunal upheld the CIT (A)'s decision, dismissing the Department's appeal. The addition of Rs. 1,90,00,000/- as undisclosed income was deleted due to lack of material evidence supporting the claim that the duty drawback was received by the assessee. The Tribunal found the confession regarding wrongful availing of duty drawback to be retracted and coerced, with evidence showing the duty drawback belonged to other firms. The Department failed to prove the duty drawback constituted undisclosed income of the assessee, leading to the appeal's dismissal. en-us Fri, 17 Jan 2014 00:00:00 +0530 Tue, 21 Jan 2014 07:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242822 The Tribunal upheld the CIT (A)'s decision, dismissing the Department's appeal. The addition of Rs. 1,90,00,000/- as undisclosed income was deleted due to lack of material evidence supporting the claim that the duty drawback was received by the assessee. The Tribunal found the confession regarding wrongful availing of duty drawback to be retracted and coerced, with evidence showing the duty drawback belonged to other firms. The Department failed to prove the duty drawback constituted undisclosed income of the assessee, leading to the appeal's dismissal. Case-Laws Income Tax Fri, 17 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242822