https://www.taxtmi.com/caselaws?id=270818 The ITAT dismissed all three appeals filed by the Revenue, upholding the CIT(A)'s deletion of the additions for unexplained cash receipts and unexplained expenditure. The Tribunal emphasized the importance of substantiating claims with evidence and upheld the principle that statutory provisions cannot be overridden by mere admissions during search proceedings. en-us Mon, 09 Nov 2015 00:00:00 +0530 Sat, 16 Jan 2016 07:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270818 The ITAT dismissed all three appeals filed by the Revenue, upholding the CIT(A)'s deletion of the additions for unexplained cash receipts and unexplained expenditure. The Tribunal emphasized the importance of substantiating claims with evidence and upheld the principle that statutory provisions cannot be overridden by mere admissions during search proceedings. Case-Laws Income Tax Mon, 09 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270818