https://www.taxtmi.com/caselaws?id=265794 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the addition under section 69B, emphasizing the necessity of evidence of understatements before invoking such provisions. The judgment clarified the distinction between valuation reports for capital gains and undisclosed investments, ultimately dismissing the revenue's appeal and affirming the deletion of the addition. en-us Thu, 24 Apr 2014 00:00:00 +0530 Fri, 16 Oct 2015 06:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265794 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the addition under section 69B, emphasizing the necessity of evidence of understatements before invoking such provisions. The judgment clarified the distinction between valuation reports for capital gains and undisclosed investments, ultimately dismissing the revenue's appeal and affirming the deletion of the addition. Case-Laws Income Tax Thu, 24 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265794