https://www.taxtmi.com/caselaws?id=174971 The Tax Appeal was dismissed as the High Court upheld the Tribunal's decisions in favor of the assessee on both issues. The Tribunal found no evidence of monetary transactions for prize winning lottery tickets and unsold tickets, leading to the deletion of additions made by the Assessing Officer. Additionally, the Tribunal rejected the claim of concealed income based on a statement made during a search operation, as there was insufficient material to support the Assessing Officer's assertion. en-us Wed, 24 Jun 2009 00:00:00 +0530 Sat, 31 Oct 2015 15:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174971 The Tax Appeal was dismissed as the High Court upheld the Tribunal's decisions in favor of the assessee on both issues. The Tribunal found no evidence of monetary transactions for prize winning lottery tickets and unsold tickets, leading to the deletion of additions made by the Assessing Officer. Additionally, the Tribunal rejected the claim of concealed income based on a statement made during a search operation, as there was insufficient material to support the Assessing Officer's assertion. Case-Laws Income Tax Wed, 24 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174971