https://www.taxtmi.com/caselaws?id=258836 The Tribunal partially allowed the appeal, directing the deletion of all additions made by the Assessing Officer and the Commissioner of Income-tax (Appeals). It found that the incriminating evidence justifying the invocation of sections 153C/153A was discovered during a search, but the addition of Rs. 70 lakhs lacked substantiation as the agreement used as evidence was unsigned and denied by the other party. The Tribunal also rejected the double addition of Rs. 70 lakhs, emphasizing the lack of concrete evidence and procedural lapses in enhancing the income by Rs. 8,60,000. en-us Mon, 24 Feb 2014 00:00:00 +0530 Wed, 22 Apr 2015 07:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258836 The Tribunal partially allowed the appeal, directing the deletion of all additions made by the Assessing Officer and the Commissioner of Income-tax (Appeals). It found that the incriminating evidence justifying the invocation of sections 153C/153A was discovered during a search, but the addition of Rs. 70 lakhs lacked substantiation as the agreement used as evidence was unsigned and denied by the other party. The Tribunal also rejected the double addition of Rs. 70 lakhs, emphasizing the lack of concrete evidence and procedural lapses in enhancing the income by Rs. 8,60,000. Case-Laws Income Tax Mon, 24 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258836