https://www.taxtmi.com/caselaws?id=244190 The tribunal upheld the CIT(A)'s decision to delete additions of Rs. 9,00,000 and Rs. 1,00,000 for undisclosed income from the sale of a flat and unexplained cash credit, respectively. The appellant provided sufficient evidence, including details of the buyer, cheques received, and loan confirmation, which the Assessing Officer failed to contest. The tribunal found the deletions appropriate as the Assessing Officer did not disprove the transactions' genuineness, leading to the dismissal of the revenue's appeal. en-us Fri, 14 Feb 2014 00:00:00 +0530 Thu, 20 Feb 2014 09:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244190 The tribunal upheld the CIT(A)'s decision to delete additions of Rs. 9,00,000 and Rs. 1,00,000 for undisclosed income from the sale of a flat and unexplained cash credit, respectively. The appellant provided sufficient evidence, including details of the buyer, cheques received, and loan confirmation, which the Assessing Officer failed to contest. The tribunal found the deletions appropriate as the Assessing Officer did not disprove the transactions' genuineness, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244190