https://www.taxtmi.com/caselaws?id=253059 The Revenue's appeals challenging various additions made by the Assessing Officer were dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions to delete additions based on seized papers, unexplained bank deposits, undisclosed income from job work, estimating undisclosed income for household expenses, unexplained cash found during search, unexplained investment in gold ornaments, and low withdrawals for household expenses. The Tribunal found no merit in the Revenue's arguments and affirmed the CIT(A)'s findings due to the lack of contradictory evidence. en-us Fri, 19 Sep 2014 00:00:00 +0530 Thu, 13 Nov 2014 09:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253059 The Revenue's appeals challenging various additions made by the Assessing Officer were dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions to delete additions based on seized papers, unexplained bank deposits, undisclosed income from job work, estimating undisclosed income for household expenses, unexplained cash found during search, unexplained investment in gold ornaments, and low withdrawals for household expenses. The Tribunal found no merit in the Revenue's arguments and affirmed the CIT(A)'s findings due to the lack of contradictory evidence. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253059