https://www.taxtmi.com/caselaws?id=264973 The Tribunal allowed the appeals filed by the assessees, directing the assessing officer to delete the impugned additions related to alleged capital gains. The Tribunal found that the assessing officer had not verified crucial details and there was a lack of corroborative evidence linking the assessees to the transactions. The decision to assess the alleged gains as undisclosed investments was deemed unjustified, and the additions were ruled unwarranted due to the lack of disclosure in the assessees' accounts. en-us Fri, 04 Sep 2015 00:00:00 +0530 Mon, 05 Oct 2015 08:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264973 The Tribunal allowed the appeals filed by the assessees, directing the assessing officer to delete the impugned additions related to alleged capital gains. The Tribunal found that the assessing officer had not verified crucial details and there was a lack of corroborative evidence linking the assessees to the transactions. The decision to assess the alleged gains as undisclosed investments was deemed unjustified, and the additions were ruled unwarranted due to the lack of disclosure in the assessees' accounts. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264973