https://www.taxtmi.com/caselaws?id=267214 The High Court upheld the Income Tax Appellate Tribunal's decision that the disclosure made during the search lacked a basis as it was not voluntary and lacked supporting evidence. The Court allowed the challenge on the deletion of additions for suppressed profits for further review, emphasizing the necessity of concrete evidence to support income disclosures and additions. en-us Tue, 06 Oct 2015 00:00:00 +0530 Mon, 02 Nov 2015 07:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267214 The High Court upheld the Income Tax Appellate Tribunal's decision that the disclosure made during the search lacked a basis as it was not voluntary and lacked supporting evidence. The Court allowed the challenge on the deletion of additions for suppressed profits for further review, emphasizing the necessity of concrete evidence to support income disclosures and additions. Case-Laws Income Tax Tue, 06 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267214